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A system of control where persons are made responsible for control of cost

Looking for the answer to the question below related to Managerial Decisions MCQs ?

A system of control where persons are made responsible for control of cost

 Options:

a) Cost control
b) Production control
c) Responsibility accounting
d) Budgeting

 

The Correct Answer Is:

  • c) Responsibility accounting

 

Conclusion

I hope you got the answer to your question.

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