Definitions of Responsibility Accounting

Charles T Horngren-"Responsibility accounting is a system of accounting that recognizes various decision centres throughout an organisation and traces costs to the individual managers who are primarily responsible for making decisions about the costs in question"

Eric L Kohler-"A method of accounting in which costs are identified with persons assigned to their control rather than with products or functions"

David Fanning-"Responsibility accounting is a system or mechanism for controlling the wider freedom of action that executives-decision centre managers in other words-are given by senior management and for holding those executives responsible for the consequence of their decisions"