Which of the following is correct regarding responsibility centers? a. if a manager is held responsible for generating revenue, controlling costs, and efficiently investing assets, then his division is considered a profit center and an investment center. b. traceable costs, as used in a responsibility accounting system, only consists of variable costs. c. common fixed costs should be allocated to a segment and used to evaluate the segment’s performance. d. responsibility centers are primarily utilized in companies with centralized operations.
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Which of the following is correct regarding responsibility centers? a. if a manager is held respons...
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