Economics · Management Accounting
A manager receives a monthly performance report that distinguishes controllable costs (such as efficiency of labor hours) from uncontrollable costs (such as market-driven base wage rates). This operational structure is an application of:
- 1The balanced scorecard framework
- 2Responsibility accounting✓
- 3Value for Money (VFM) principles
- 4Goal congruence
Correct answer
Responsibility accounting
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Management Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Management Accounting