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5 A responsibility accounting system ensures that Standards are met Accounting p

ID: 2553100 • Letter: 5

Question

5 A responsibility accounting system ensures that Standards are met Accounting principles will be followed accounting principles will be followed Managers will not be held accountable for the things they cannot change Profits will be maximized 5 A responsibility accounting system ensures that Standards are met Accounting principles will be followed accounting principles will be followed Managers will not be held accountable for the things they cannot change Profits will be maximized A responsibility accounting system ensures that Standards are met Accounting principles will be followed accounting principles will be followed Managers will not be held accountable for the things they cannot change Profits will be maximized

Explanation / Answer

A responsibility accounting system ensures that Managers will not be held accountable for the things they cannot change