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Commerce · Q548

Costing

Graduate and Post Graduate · Commerce · question 548

Q548

Segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as

A.
subunit center
B.
instruction center
C.
responsibility center
Answer
D.
activity segment

Answer: Option C

Solution

Answer: Option C
Solution:
Segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as responsibility center. A responsibility center is a functional entity within a business that has its own goals and objectives, dedicated staff, policies and procedures, and financial reports.