Traceable fixed costs are the responsibility of
A)Top management only.
B)Managers who control them.
C)Investment center managers only.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

Traceable fixed costs are costs that can be directly attributed to a specific department or segment. As such, the managers who are responsible for that department or segment are also responsible for managing those costs. Top management is responsible for overseeing the overall financial performance of the company but may not have the specific knowledge of each department's costs. Investment center managers may have their own traceable fixed costs but these would only be a portion of their overall responsibilities. Therefore, the best choice is B, managers who control them.

Traceable Fixed Costs Are the Responsibility of