A responsibility accounting system measures the performance of each of the following centers except:
A)Profit center.
B)Investment center.
C)Control center.
D)Cost center.

Question

Quizplus · Accepted Answer

A responsibility accounting system measures the performance of profit centers, investment centers, and cost centers. Control centers are internal departments responsible for monitoring and ensuring the integrity of financial and operational data, but they do not generate revenue or incur costs directly. Therefore, they are not included in a responsibility accounting system.

A Responsibility Accounting System Measures the Performance of Each of the Following