ACCT.PRINCIPLES (LL)-PACKAGE
ACCT.PRINCIPLES (LL)-PACKAGE
14th Edition
ISBN: 9781119707103
Author: Weygandt
Publisher: WILEY
Question
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Chapter 25, Problem 11E

a.

To determine

Introduction: The responsibility report is prepared by the management to reflect the sales and costs of their respective controllable segment. While preparing the responsibility report, management only considers the controllable costs.

To prepare: The responsibility report.

b.

To determine

Introduction: The management prepared a responsibility report to evaluate the efficiency in generating revenue and controlling the cost. It helps in comparing the actual and estimated controllable costs.

The memo of responsibility report.

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ACCT.PRINCIPLES (LL)-PACKAGE

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