Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. pedgrift company uses an accounting system that ch

Pedgrift Company uses an accounting system that charges costs to the manager who has been...

90.2K

Verified Solution

Question

Accounting

Pedgrift Company uses an accounting system that charges costs to the manager who has been delegated the authority to make decisions concerning the costs. For example, if the sales manager accepts a rush order that will result in higher than normal shipping costs, these additional costs are charged to the sales manager because the authority to accept or decline the rush order was given to the sales manager. This type of accounting system is known as:

___ absorption accounting

___ contribution accounting

___ operational budgeting

___ responsibility accounting

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Codon Colinear eneracy of the genetic code Nonsense codon Reading frame Describes that a given...

Statistics
1.2K views

A researcher claims that 45 of U S adults think the IRS is not aggressive...

Statistics
1.2K views

The test scores for the analytical writing section of a particular standardized test can be...

Calculus
1.2K views

Perform the vector addition 12 5 7 4

Algebra
1.2K views

Calculate the amount of interest earned on a $12,500 deposit into an account for 3.5...

Accounting
1.2K views

Memorandum #1 Sheri is an attorney who operates as a sole practitioner. Despite her busy...

Accounting
1.2K views

What are the independent auditor's responsibilities to detect and report errors and frauds?

Accounting
1.2K views

For the 2015 tax year how do you calculate depreciation on Form 4562 for lthe...

Accounting
1.2K views

Exercise 23-14 Your answer is partially correct. Try again. Oriole Inc., a greeting card company,...

Finance
1.2K views

Suppose the finance manager of ABC Company suggests either issuing bonds or shares to raise...

Finance
1.2K views

Q1 Q2 Given the following production plan, use a fal chase productie strategy and (b)...

Accounting
1.2K views

Star Company had actual manufacturing overhead costs of $130,000 and a predetermined overhead rate of...