Accountancy, asked by anjunegi25c, 6 months ago

Q2. Discuss Responsibility Accounting. Explain its features and benefits.

Answers

Answered by Anonymous

Answer:

Responsibility Accounting helps management with the cost and budgetary control. ... It also takes into account the cost and revenue of a firm. The management maintains the monthly, quarterly, or yearly reports, which are then sent to the manager responsible for that department.

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