Q1075
Which of the following are the benefits of responsibility accounting? I. It facilitates the centralization of decision-making. II. It provides a system of closer control. III. It measures the performance of individuals in an objective manner. IV. It develops a sense of cost-consciousness among managers and their subordinates.
A.
I, II and III
B.
II, III and IV
AnswerC.
I, II and IV
D.
I, III and IV
Answer: Option B
Solution
Answer: Option B
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