Question

advantages of RESPONSIBILITY AND PRODUCTIVITY

Answer 1

Answer:

The advantages of responsibility accounting are:-

• It establishes a sound mechanism for control.
• It forces the management to consider the organisational structure and examines who is responsible for what and fix the delegation of power.
• It encourages budgeting with which actual achievement can be compared.

The advantages of higher productivity:-

Higher productivity can lead to: (1) Lower average costs: These cost savings might be passed onto consumers in lower prices, encouraging higher demand, more output and an increase in employment.

Explanation:

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Answer 2

It establishes a sound mechanism for control. It forces the management to consider the organisational structure and examines who is responsible for what and fix the delegation of power. It encourages budgeting with which actual achievement can be compared.

Hope its helpful.(. ❛ ᴗ ❛.)