Author Question: Responsibility accounting ________. A) emphasizes controllability B) focuses on who should be ... (Read 119 times)

ETearle · **on:** Jul 5, 2018

Responsibility accounting ________.

A) emphasizes controllability
B) focuses on who should be asked about the information
C) attempts to assign blame for problems to a specific manager
D) attempts to create a decentralized organization

Question 2

On September 1, the company pays rent for twelve months in advance and debits an asset account. At year end, the adjusting entry on the work sheet would
a. increase an expense account
b. decrease a liability account
c. increase an asset account
d. decrease an expense account