Author Question: Which of the following statements is true about responsibility accounting statements? A) ... (Read 172 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Which of the following statements is true about responsibility accounting statements?
 
  A) Responsibility accounting excludes controllable costs.
  B) Responsibility accounting segregates fixed costs and variable costs.
  C) Responsibility accounting excludes fixed costs and variable costs.
  D) Responsibility accounting segregates uncontrollable costs from controllable costs.

Question 2

The general ledger is kept to supply management with desired information in summary form.
 a. True
   b. False
   Indicate whether the statement is true or false



peilian

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

Answer: D

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library