Which of the following are the benefits of responsibility accounting?
1. It facilitates the centralisation of decision taking.
2. It provides a system of closer control.
3. It measures the performance of individuals in an objective manner.
4. It develops a sense of cost consciousness among managers and their subordinates.
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 3 and 4
Answer: Option C
This Question Belongs to Commerce >> Accounting
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