What is the main idea underlying responsibility accounting?


The main idea underlying responsibility accounting is that managers should only be held responsible for results or activities within their control.

Business

You might also like to view...

A learning curve is a line showing the relationship between processing time and the cumulative quantity of a product or service produced

Indicate whether the statement is true or false

Business

Some stores employ comparison shoppers to learn what prices their competitors are charging.

Answer the following statement true (T) or false (F)

Business

Commercial paper usually is issued

A. for 3 to 7 years. B. for short-term financing by large corporations. C. for short-term financing by small businesses. D. by large corporations unable to get credit elsewhere. E. by savings and loan associations.

Business

Read the Direction of Election statement of the Regional Director. Note how it deals with the appropriate bargaining unit and the Board's Comprehensive Rules and Regulations on eligibility to vote. What other important pre-election considerations are dealt with in the decision's footnotes?

Business