Author Question: Performance reports for responsibility centers are sometimes designed to change managers' behavior ... (Read 97 times)

neverstopbelieb · **on:** Jul 5, 2018

Performance reports for responsibility centers are sometimes designed to change managers' behavior in the direction top managers desire, even if the reports decrease controllability.

Indicate whether this statement is true or false.

Question 2

After all of the account balances have been extended to the Income Statement columns of the work sheet, the totals of the debit and credit columns are 77,500 and 83,900, respectively. What is the amount of the net income or net loss for the period?
a. 6,400 net income
b. 6,400 net loss
c. 83,900 net income
d. 77,500 net loss