What type of accounting is used to trace performance and hold accountable the managers of those departments?
A) Financial accounting
B) Cost accounting
C) Responsibility accounting
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Responsibility accounting is the type of accounting that focuses on tracing and evaluating the performance of different departments and managers, holding them accountable for their actions and decisions.

What Type of Accounting Is Used to Trace Performance and Hold