Reference no: EM132547959

Question 1: Use innovative research and development and develop effective promotional campaigns to increase customer loyalty and charge higher prices. Which of the following is true of responsibility accounting?

Group of answer choices

Option 1: It explicitly incorporates continuous improvement and changes due to learning curve.

Option 2: It examines how a result will change if the original plan is not achieved

Option 3: it is a system that measures the plans, budgets, actions, and actual results of a responsibility center

Option 4: It is an arrangement of lines of responsibility and authority within a responsibility center.