Question

"The aim of responsibility Accounting is not to place blame. Instead, it is to evaluate
performance and provide feedback so that future operations can be improved." Elucidate

Answer 1

Answer:

The aim of responsibility accounting should not be to place blame on managers rather it should be evaluate their performance and provise feedback so that future performance may be improved. A responsibility accounting system should be positive in aporoach and should motivate people. It should not be taken as a device to punish people.

It must look into the human aspect of subordinates and should be based on mutual interest.To ensure the success of a responsibility accounting system and for getting the willing cooperation of all persons involved in a responsibility accounting should be given due weightage.

I hope that it can help you:))