Which of the following would not appear on a responsibility accounting performance report?
A) Actual costs for a period.
B) Variance from the budget.
C) Budgeted costs for a period.
D) Controllable costs.
E) Uncontrollable costs.

Question

Quizplus · Accepted Answer

Responsibility accounting is the process of keeping track of the performance of various subunits of an organization. Responsibility reports contain information on actual and budgeted costs, variances from the budget, and controllable costs. However, uncontrollable costs are outside the purview of the subunit and would not be included in a responsibility accounting performance report. Therefore, the correct answer is E.

Which of the Following Would Not Appear on a Responsibility