Difference between revisions of "Responsibility center"
(Created page with "Responsibility center is part, segment, or subunit of an organization whose manager is accountable for a specified set of activities. ==Definitions== According to Cost...") |
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Responsibility center]]. Part, segment, or subunit of an organization whose manager is accountable for a specified set of activities. | :[[Responsibility center]]. Part, segment, or subunit of an organization whose manager is accountable for a specified set of activities. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Responsibility center]]. A part of an organization whose manager is accountable for planning and controlling certain activities. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 18:39, 16 July 2020
Responsibility center is part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Responsibility center. Part, segment, or subunit of an organization whose manager is accountable for a specified set of activities.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Responsibility center. A part of an organization whose manager is accountable for planning and controlling certain activities.
