Which internal reports based on a responsibility accounting

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Reference no: EM132961192

Problem 1: When used for performance evaluation, internal reports based on a responsibility accounting system should not

a. Include allocated fixed costs.

b. Be related to the organizational chart.

c. Distinguish between controllable and non-controllable costs.

d. Include variances between actual and budgeted controllable costs.

Problem 1: In evaluating an investment center, top management should concentrate on

a. Peso rates

b. Profit percentages

c. Net income

d. Return on investment

 

Reference no: EM132961192

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