Difference between revisions of "Responsibility accounting"

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(Created page with "Responsibility accounting is system that measures the plans, budgets, actions, and actual results of each responsibility center. ==Definitions== According to Cost Accou...")
 
 
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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 accounting]]. System that measures the plans, budgets, actions, and actual results of each responsibility center.
 
:[[Responsibility accounting]]. System that measures the plans, budgets, actions, and actual results of each responsibility center.
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According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
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:[[Responsibility accounting]]. A system for evaluating the performance of each responsibility center and its manager.
  
 
[[Category: Accounting]][[Category:Articles]]
 
[[Category: Accounting]][[Category:Articles]]

Latest revision as of 18:39, 16 July 2020

Responsibility accounting is system that measures the plans, budgets, actions, and actual results of each responsibility center.

Definitions

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

Responsibility accounting. System that measures the plans, budgets, actions, and actual results of each responsibility center.

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

Responsibility accounting. A system for evaluating the performance of each responsibility center and its manager.