Difference between revisions of "Responsibility center"

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(Created page with "Responsibility center is part, segment, or subunit of an organization whose manager is accountable for a specified set of activities. ==Definitions== According to Cost...")
 
 
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
:[[Responsibility center]]. Part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.
 
:[[Responsibility center]]. Part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.
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According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
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:[[Responsibility center]]. A part of an organization whose manager is accountable for planning and controlling certain activities.
  
 
[[Category: Accounting]][[Category:Articles]]
 
[[Category: Accounting]][[Category:Articles]]

Latest revision as of 18:39, 16 July 2020

Responsibility center is part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Responsibility center. Part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.

According to Managerial Accounting by Braun, Tietz (5th edition),

Responsibility center. A part of an organization whose manager is accountable for planning and controlling certain activities.