Answered: n responsibility accounting the most…

n responsibility accounting the most relevant classification of costs is discretionary and committed fixed and variable incremental and non-incremental controllable and noncontrollable

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 2DQ: What is meant by reporting by the principle of exceptions, as the term is used in reference to cost...

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Question

In responsibility accounting the most relevant classification of costs is

discretionary and committed
fixed and variable
incremental and non-incremental
controllable and noncontrollable

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