Which description listed below best defines "responsibility accounting"?
◦ A system for evaluating the performance of each responsibility center and its manager
◦ A budget that projects cash inflows and outflows and the end of period budgeted balance sheet
◦ A company's plan for purchases of property, plant and equipment, and other long-term assets
◦ Details as to how the company expects to go from the beginning cash balance to the desired ending cash balance