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Which of the following is correct regarding responsibility centers?
Which of the following is correct regarding responsibility centers?
A.Controllable costs, as used in a responsibility accounting system, only consists of variable costs.
B.If a manager is held responsible for generating revenue, controlling costs, and efficiently investing assets, then his division is considered a profit center and an investment center.
C.Common fixed costs should be allocated to a segment and used to evaluate the segment’s performance.
D.Cost centers, profit centers, and investment centers are all considered responsibility centers.
E.Responsibility centers are primarily utilized in companies with centralized operations.
