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What is Understanding Responsibility Accounting about?

This document discusses responsibility accounting and provides information on the four main types of responsibility centers: cost centers, revenue centers, profit centers, and investment centers. It defines responsibility accounting as a system that measures the results of each responsibility center and compares those results to expected or budgeted outcomes. The document then provides more details on each type of responsibility center, including what aspects (costs, revenues, investments) the manager contr

Author

Izwan Yusof

Language

EN