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Which of the following are the benefits of responsibility accounting I...

This question belongs to Commerce Costing
Costing
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Which of the following are the benefits of responsibility accounting?
I. It facilitates the centralization of decision-making.
II. It provides a system of closer control.
III. It measures the performance of individuals in an objective manner.
IV. It develops a sense of cost-consciousness among managers and their subordinates.

Answer & Solution
Correct Answer: Option B
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