Which one of the following describes a responsibility report?
A)It is prepared using the CVP income statement format.
B)It shows all costs that relate to a particular manager's division.
C)It shows only the variable costs in a manager's division.
D)It is prepared at the highest level of managerial responsibility.

Question

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The Answer of Which one of the following describes a responsibility report?
A)It is prepared using the CVP income statement format.
B)It shows all costs that relate to a particular manager's division.
C)It shows only the variable costs in a manager's division.
D)It is prepared at the highest level of managerial responsibility.

Which One of the Following Describes a Responsibility Report