Author Question: Which of the following statements is true about responsibility accounting statements? A) ... (Read 339 times)

CBme

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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

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Answer to Question 1

Answer: D

Answer to Question 2

True



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