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Which of the following is true regarding a responsibility accounting system? Select one: A. i is designed to measure the performance of managers n terms

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Which of the following is true regarding a responsibility accounting system? Select one: A. i is designed to measure the performance of managers n terms of contrllable cots B. It can be applied at any level of an organization. OC. It should not hold a manager responsible for costs over which the manager has no influence. O D. It assigns responsibility for costs to the appropriate managerial level that controls those costs. E. All of the above are true. From an economic perspective, a company's profit-maximizing quantity is found where: Select one: 0 A.the marginal c ith the demand curves he marginal ve h m OC. the total cost ourve intersects with the marginal cost ourve O D. the marginal revenue curve intersects with the demand curve. E. the total revenue curve intersects with the average revenue curve. For purposes of decision making, avoidable costs are costs that: Select one: O A. will be incurred in the future based on the alternative chosen. O B. differ between alternatives. O C. were not incurred in the past. D. All of the above are true. E. None of the above is correct. Select the correct statement regarding relevant revenues. Select one: O A. Revenues are not considered relevant in the same way as relevant costs. B. Relevant revenues must differ between the alternatives being considered. O C. Relevant revenues must make a difference in the decision under consideration O D. Past revenues are relevant. 0 E. None of the above statements is true O F. More than one of the above statements are true. Which of the following is a not an advantage of decentralization? Select one: A. Managers are motivated to improve productivity O B. Lower level managers are trained for increased responsibilities O C. Upper-level managers are able to concentrate on important decisions. O D. All of these are advantages of decentralization

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