ACC 281 Week 5 DQ 1 Responsibility Centers

May 1st, 2015
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ACC 281 Week 5 DQ 1 Responsibility Centers

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Responsibility Centers - Week 5From Chapter 15 complete question 3, page 550, on responsibility centers. Use your text and one additional source.You must respond to at least two of your other classmates' postings to receive full credit. Responsibility Center is defined as an organizational unit that controls identifiable revenue or expense items. Responsibility Centers may be divided into three categories: cost center, profit center, and investment center (Edmonds, 2010 pg. 532). Responsibility accounting is an essential concept of the accounting performance measurement systems.

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