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Critically evaluate application of responsibility accounting

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Reference no: EM132980608

Question - According to Biswas (2017), responsibility accounting helps not only in evaluating performance but also in taking managerial decisions like cost control and profit planning. Ethical dilemmas can be removed from business operations at all level if responsibility accounting is properly practiced.

Required - In relation to the above statement, critically evaluate the application of responsibility accounting in today's business environment.

Reference no: EM132980608

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