A cost center manager

Related MCQs

• In case of discretionary expense center, the financial center is primarily exercised at ………. Stage.
• A responsibility center in which the manager is held accountable for the profitable use of assets and capital is commonly known as a(n)
• Under responsibility accounting, the evaluation of a manager’s performance is based on matters that the manager:
• Cost Audit is applicable in case of the companies falling under certain specific categories of industries and for those companies who have been asked by the central government to maintain the cost accounting records and get these cost accounting records audited as per the provisions of of the Companies Act, 2013
• Classification of responsibility center is based on the nature of the monetary ……………
• In a revenue center the primary measurement is ………………….
• In case of revenue center the output is measured in ……………. terms, but no formal attempt is made to relate ……………….
• The responsibility center whose inputs are measured in monetary terms, but whose output is not, is ………………..
• Total control over discretionary expense center is achieved primarily through ……… performance measures.
• In a responsibility report for a profit center, controllable fixed costs are deducted from contribution margin to show: