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Question

__________ is a system of accounting in which different sections, divisions and departments of an organisation are set up.

A
Ratio analysis
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B
Responsibility accounting
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C
Return on Investment
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D
PERT and CPM
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Solution

The correct option is B Responsibility accounting
Responsibility accounting basically refers to the system of judging the responsibility accuracy of a work.
It judges different sections, divisions and departments of the organisation.

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