Performance reports should include
A) controllable costs and revenues for a specific responsibility center.
B) all costs, revenues, and resources for a specific responsibility center.
C) controllable costs for a specific responsibility center.
D) controllable costs, revenues, and resources for a specific responsibility center.

Question

Quizplus · Accepted Answer

Performance reports should include controllable costs, revenues, and resources for a specific responsibility center. This provides a comprehensive understanding of the center's performance and allows for effective management decisions based on the information presented. Including all costs and resources (option B) may be too broad and not relevant to the specific responsibility center. Option A only considers controllable costs, which may not provide a complete picture of the center's performance.

Performance Reports Should Include