1. Explain the concept of responsibility accounting and its relation with budgeting.
1. Explain the concept of responsibility accounting and its relation with budgeting.
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 21Q: Discuss the concept of controllable and uncontrollable costs and how they affect the evaluation of...
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1. Explain the concept of responsibility accounting and its relation with budgeting.
2. Explain how the choice of the type of responsibility center (cost, revenue, profit, or
investment) affects behavior.
3. Discuss the concept of “budgetary slack”
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