Author Question: Which of the following statements is true about responsibility accounting statements? A) ... (Read 821 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?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library