The system which measures the budget, action and plan of each responsibility center is known as ___________? April 20, 2025 by admin A. budgeted accounting B. action accounting C. planned accounting D. responsibility accounting
The significant feature of Kaizen Budgeting is __________? April 20, 2025 by admin A. employee suggestion B. customer suggestion C. cost suggestion D. price suggestion
The manager who is responsible only for the revenues of the company can be categorized under the ___________? April 20, 2025 by admin A. profit center B. investment center C. cost center D. revenue center
Which of the following is an example of revenue center? April 20, 2025 by admin A. sales department B. investing center C. marketing department D. segment department
The use of variables to signal whether the strategies are effective or ineffective is classified as _________? April 20, 2025 by admin A. evaluating strategy B. performing strategy C. warned strategy D. weighted strategy
The larger number of manager subordinates and the higher level manager are termed as _________? April 20, 2025 by admin A. activity subordinates B. broader responsibility center C. broader subordinates D. activity ordinates
A manager who is responsible for only the cost of the company belongs to __________? April 20, 2025 by admin A. cost center B. revenue center C. profit center D. investment center
A manager, who is responsible for the both cost and revenues belong to the department of April 20, 2025 by admin A. cost center B. revenue center C. profit center D. investment center
The difference between the budgeted amounts and the actual results is classified as __________? April 20, 2025 by admin A. standard deviation B. variances C. mean average D. weighted average
The managers using capacity planning do not make ___________ April 20, 2025 by admin A. pricing decisions B. marketing decisions C. financial decisions D. cost budgeting decisions