ECONOMICS

COST ACCOUNTING

RESPONSIBILITY ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Juan Dela Cruz is the marketing manager for a local recreational sports complex. Juan’s role in the marketing department is to advertise events, meet potential clients, and plan future events. Juan is responsible for revenues and costs for each event and reports to the sport’s complex manager. Juan’s marketing department is an example of which type of responsibility center?
A
Cost center
B
Profit center
C
Revenue center
D
Investment center
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: -Which of the following techniques would be best for evaluating the management performance of a department that is operated as a cost center? Variance analysis.

Detailed explanation-3: -Accounting centre is not a part of responsibility accounting.

Detailed explanation-4: -Option (C) The proper delegation of responsibility and authority is the correct answer.

There is 1 question to complete.