Which of the following is not true about assigning rewards in activity-based responsibility accounting?
A) Rewards are assigned based on budgetary standards.
B) Rewards are assigned based on individual as well as team performance.
C) Rewards are assigned based on progress towards optimal standards.
D) Rewards include bonuses, profit sharing, and gainsharing.

Question

Quizplus · Accepted Answer

Rewards are not solely based on budgetary standards in activity-based responsibility accounting. They are also based on individual and team performance, progress towards optimal standards, and may include various forms of incentives such as bonuses, profit sharing, and gainsharing.

Which of the Following Is Not True About Assigning Rewards