Froggy Jumps Responsibility Center QuizOnline version Test your knowledge on responsibility centers in management accounting! by Jeni Anggita 1 What is a responsibility center? a A marketing strategy. b A unit in an organization responsible for specific activities. c A type of financial statement. 2 how many types of Responsibility Centers a 5 b 3 c 4 3 Which type of responsibility center focuses on revenue generation? a Investment center. b Cost center. c Revenue center. 4 What is the main focus of a cost center? a Maximizing revenue. b Controlling costs. c Investing capital. 5 An investment center is evaluated based on which criteria? a Sales volume. b Cost savings. c Return on investment (ROI). 6 that are not part of how the responsibility centers is evaluated a Using the Controllability Principle b Using Segment Margin Reports c Using the akuntability Principle 7 What is a key characteristic of a revenue center? a It is evaluated based on sales performance. b It manages investments. c It controls expenses. 8 What is the primary goal of a responsibility center? a To increase market share. b To achieve specific financial objectives. c To improve employee satisfaction. 9 How are performance measures typically assigned in responsibility centers? a Uniformly across all departments. b Based on the center's specific objectives. c Randomly assigned by management. 10 Which responsibility center is most focused on cost control? a Revenue center. b Profit center. c Cost center.
New game