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How is controllable cost defined in responsibility accounting?
  • a)
    A cost that is subject to regulation by the executive responsible for it.
  • b)
    A cost that is uncontrollable at all levels of responsibility.
  • c)
    A cost that is shared by multiple executives.
  • d)
    A cost that is directly associated with a special curtailment decision.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
How is controllable cost defined in responsibility accounting?a)A cost...
In responsibility accounting, a controllable cost is defined as a cost that is subject to regulation by the executive with responsibility for that cost. It means that the executive has the authority and ability to influence or control the cost within their area of responsibility.
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How is controllable cost defined in responsibility accounting?a)A cost that is subject to regulation by the executive responsible for it.b)A cost that is uncontrollable at all levels of responsibility.c)A cost that is shared by multiple executives.d)A cost that is directly associated with a special curtailment decision.Correct answer is option 'A'. Can you explain this answer?
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How is controllable cost defined in responsibility accounting?a)A cost that is subject to regulation by the executive responsible for it.b)A cost that is uncontrollable at all levels of responsibility.c)A cost that is shared by multiple executives.d)A cost that is directly associated with a special curtailment decision.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about How is controllable cost defined in responsibility accounting?a)A cost that is subject to regulation by the executive responsible for it.b)A cost that is uncontrollable at all levels of responsibility.c)A cost that is shared by multiple executives.d)A cost that is directly associated with a special curtailment decision.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How is controllable cost defined in responsibility accounting?a)A cost that is subject to regulation by the executive responsible for it.b)A cost that is uncontrollable at all levels of responsibility.c)A cost that is shared by multiple executives.d)A cost that is directly associated with a special curtailment decision.Correct answer is option 'A'. Can you explain this answer?.
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