- Managerial Accounting Chapter 11 Flashcards | Quizlet
When a manager has control over and is accountable for cost, profit or investments of an organization, it is called ________ responsibility center Systems Corporation earned a net operating income of $2 million on sales of $6 million Assume that the company's average operating assets were $20 million What is the company's ROI?
- Solved Knowledge Check 01 When a manager has control over | Chegg. com
There’s just one step to solve this Identify the company part or subunit where the manager has some degree of authority and responsibility, known as a responsibility center Working Note #1 :- Explanation for Each Question Question #1 :- A responsibility center is a specifi
- When a manager has control over and is accountable for cost
When a manager has control over and is accountable for costs, profits, or investments of an organization, it is referred to as a responsibility center
- Chapter 10
The term responsibility center is used for any part of an organization whose manager has control over, and is accountable for cost, profit, or investments The three primary types of responsibility centers are cost centers, profit centers, and investment centers
- When a manager has control over and is accountable for the cost, profit . . .
In conclusion, the correct answer to your question is b responsibility center Understanding this concept is crucial for effective management, as it enables organizations to allocate resources efficiently and evaluate performance systematically
- Chapter 11,12,13 Exam Flashcards | Quizlet
When a manager has control over and is accountable for cost, profit or investments of an organization, it is called ________ Responsibility Center Return on Investment can be calculated by each of the following formulas except ________ Margin Turnover Residual income = Net operating income less ________
- knowledge check 01 when manager control over accountable cost, profit . . .
When a manager has control over and is accountable for cost, profit, or investments of an organization, it is referred to as a responsibility center A responsibility center is a specific subunit of an organization where a manager is given authority and responsibility for certain activities
- Chapter 11: Responsibility Accounting Systems - Studocu
Managers are held responsible for those items – and only those items – that the manager can actually control to a significant extent A responsibility center is used for any part of an organization whose managers has
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