ABC Corporation uses a responsibility accounting system in its operations. Which one of the following items is least likely to appear in a performance report for a manager of one of ABCs assembly lines?

RESPONSIBILITY ACCOUNTING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

ABC Corporation uses a responsibility accounting system in its operations. Which one of the following items is least likely to appear in a performance report for a manager of one of ABC’s assembly lines?

A	Materials
B	Direct labor
C	Repairs and Maintenance
D	Depreciation on the manufacturing facility

Explanation:

Detailed explanation-1: -Which one of the following items is least likely to appear in a performance report for a manager of one of the assembly lines? Depreciation on the manufacturing facility.

Detailed explanation-2: -Option (C) The proper delegation of responsibility and authority is the correct answer.

Detailed explanation-3: -Profit Centers. A profit center is an organizational segment in which a manager is responsible for both revenues and costs (such as a Starbucks store location).

Detailed explanation-4: -Accounting centre is not a part of responsibility accounting.

There is 1 question to complete.

ECONOMICS

COST ACCOUNTING

RESPONSIBILITY ACCOUNTING