Responsibility Centers - ACC 220

This Project PPT covers the essentials of responsibility centers in accounting and their impact on business performance.

Lily Green

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ACC 220

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Responsibility Centers - ACC 220 - Page 3 preview image

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What is a Responsibility Center?The Responsibility is the unit in the organization thathas control over costs, revenues, or investment funds.

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Responsibility Centersfurther definedIt is an organization unit for which a manager is maderesponsible.The center’s manager and supervisor establish specificand measurable goals for theresponsibilitycenter.The goals should promote the long-term interest ofthe organization.

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University

Hult International Business School

Course

ACC 220

Subject

Accounting

Responsibility Centers - ACC 220

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