The responsibility accounting is a system by which the responsibility is assigned to the concerned persons…

Related MCQs

• The management accounting can be stated an extension of 1) Cost Accounting 2 ) Financial Accounting 3) Responsibility Accounting
• Responsibility centres are departments or organizational functions whose performance is the direct responsibility of specific managers. One type of responsibility centre is a revenue centre, which is responsible for
• In responsibility accounting system…
• __________ Accounting becomes a source of information for Management Accounting.
• The definition ‘Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking.’
• The responsibility accounting stresses on _________
• The responsibility accounting emphasizes the performance of ____
• The responsibility accounting is also called…
• The responsibility accounting is the part of …
• The responsibility accounting is a controlling tool for…