If a supervisor only holds a manager accountable for activities over which he/she has authority and/or control, that manager is practicing ___________.
A.
responsibility accounting
B.
respectability reporting
C.
operations planning
D.
sensitivity analysis
Answer: Responsibility Accounting
Explanation:
Responsibility accounting is a system of accounting where specific persons are made responsible for the accounting of particular areas and cost control. If that cost increases, then the person will be held accountable and answerable. In this type of accounting system, responsibility is assigned based on a person’s knowledge and skills, and the proper authority is given to that person so that he can make a decision and show his performance.
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