Vidyalelo
Commerce · Q586

Costing

Graduate and Post Graduate · Commerce · question 586

Q586

Type of accounting, which focuses on whom should be asked for information and whom not will be categorized as

A.
focused accounting
B.
responsibility accounting
Answer
C.
information accounting
D.
blame accounting

Answer: Option B

Solution

Answer: Option B
Solution:
Type of accounting, which focuses on whom should be asked for information and whom not will be categorized as responsibility accounting. Responsibility Accounting is a system of control where responsibility is assigned for the control of costs. The persons are made responsible for the control of costs.