One of the most important concepts in responsibility accounting is the:
A. controllability principle.
B. transfer price.
C. related-party transaction.
D. balanced scorecard.
Answer: A
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How do firms that use captive-product pricing make up for the low prices of their main products?
A) They reduce the cost of the captive products. B) They provide the captive products as freebies. C) They set high markups on the captive products. D) They increase the price of the main products. E) They offer the captive products and main products together at a reasonable price.
What leadership style focuses on relationships?
A. servant B. autocratic C. task-oriented D. transactional
A defendant engaging in an ultrahazardous activity is almost always liable for any harm that results
a. True b. False Indicate whether the statement is true or false
The complexity of ____ is derived from three sources:
1. People at the same level can have quite different decision-making authority, 2. Not all decisions are of equal importance in organizations, and 3. Individuals may not perceive they really have authority although their job descriptions include it. a. Wide span of control b. Centralization c. High specialization of labor d. Decentralization