Question

Plans that identify costs and expenses under each manager's control prior to the reporting period, typically based on the flexible budget approach, are called: Select one:

a. Cost accounting systems.
b. Managerial accounting systems.
c. Responsibility accounting systems.
d. Responsibility accounting budgets.
e. Activity-based accounting systems.

Answer 1

A. Cost accounting systems.

Step-by-step explanation:

Cost accounting systems- plans that identify costs and expenses under each manager's control prior to the reporting period, typically based on the flexible budget approach