For higher levels of management, responsibility accounting reports
A) are more detailed than for lower levels of management
B) are more summarized than for lower levels of management
C) contain about the same level of detail as reports for lower levels of management
D) are rarely provided or reviewed

Question

Quizplus · Accepted Answer

Responsibility accounting reports for higher levels of management are more summarized because upper management is concerned with overall performance and broader issues rather than detailed information.

For Higher Levels of Management, Responsibility Accounting Reports