In which situation is responsibility accounting especially valuable?
A)when large amounts of uncontrollable costs exist
B)in not-for-profit companies
C)in decentralized companies
D)in cost centres

Question

Quizplus · Accepted Answer

Responsibility accounting is most valuable in decentralized companies where divisions or departments have their own goals, budgets, and performance measures. This type of accounting allows for each department to take responsibility for its own actions and monitor its own performance.

In Which Situation Is Responsibility Accounting Especially Valuable