An objective of responsibility accounting is to: a) Provide information that helps managers make optimal decisions. b) Reward managers who have unfavorable variances. Jhy c) Decrease productivity. d) Punish managers for variances based on factors outside of their control.

An objective of responsibility accounting is to: a) Provide information that helps managers make optimal decisions. b) Reward managers who have unfavorable variances. Jhy c) Decrease productivity. d) Punish managers for variances based on factors outside of their control.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

An objective of responsibility accounting is to:
a) Provide information that helps managers make optimal decisions.
b) Reward managers who have unfavorable variances.
Jh
c) Decrease productivity.
d) Punish managers for variances based on factors outside of their control.

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