The responsibility accounting is a system by which the responsibility is assigned to the concerned persons

The responsibility accounting is a system by which the responsibility

1.	The responsibility accounting is a system by which the responsibility is assigned to the concerned persons
A.	To increase sales
B.	To control cash
C.	To increase production
D.	All of the above
Answer» C. To increase production

Discussion

No Comment Found

Related MCQs

The tendency for low-quality cars to drive high quality cars out of the used car market is an example of
Given production is 1,00,000 units, fixed costs is Rs 2,00,000 Selling price is Rs 10 per unit and variable cost is Rs 6 per unit. Determine profit using technique of marginal costing.
When fixed cost is Rs. 20,000 and Profit volume ratio is 25 per cent, then breakeven point will occur at
The essence of marginal costing is that cost is considered on the whole as separate.
is concerned with providing information to management for taking managerial decisions.
The following information belongs to John Manufacturing Company that uses a standard costing system: Basic wage rate:Rs.12 per hour Fringe benefits: Rs. 2 per hour Basic time: 2 hours per unit Allowance for down time: 0.3 hours per unit Allowance for brakes: 0.2 hours per unitBased on the above information, what is the standard direct labor cost per unit?
A management concept under which all managers and employees at all stages of company operations strive toward higher standards and a reduced number of defective units are called:
Flexible manufacturing systems (FMS) are reported to have a number of benefits. Which is NOT a reported benefit of FMS?
During the month of December actual direct labor cost amounted to Rs. 39,550, the standard direct labor rate was Rs.10 per hour and the direct labor rate variance amounted toRs.450 favorable. The actual direct labor hours worked was:
What would be the most likely cause of an unfavourable labour rate variance together with a favourable labour efficiency variance?

The responsibility accounting is a system by which the responsibility is assigned to the concerned persons

Discussion

No Comment Found

Related MCQs

Reply to Comment