Author Question: Which of the following statements is true about responsibility accounting statements? A) ... (Read 861 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?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library