Showing posts with label responsiblity accounting features. Show all posts
Showing posts with label responsiblity accounting features. Show all posts

Monday, March 19, 2012

Important Features of Responsibility Accounting

Some of the essential features of Responsibility Accounting are as follows

  • Information for both output and input resources
  • Transferring of pricing policy
  • Information for planned and actual performance
  • Identification of responsibility centre
  • Reporting of Performance
  • Reporting deviations from original plan