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Explain the meaning of responsibility accounting.

Explain the meaning of responsibility accounting.

发布时间:2025-02-24 04:48:43
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答案:In responsibility accounting, a specific manager is given the responsibility for a particular aspect of the budget, and within the budgetary control system, he or she is often made accountable for actual performance. Managers are therefore made accountable for their area of responsibility.Responsibility accounting is based on the application of the controllability principle: a manager should be made responsible and accountable only for the costs and revenues that he or she is in a position to control.
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