Which of the following is correct? * O The direct cost of a particular department is always a controllable cost. Responsibility accounting identifies costs, revenues, and even capital investments with...

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Extracted text: Which of the following is correct? * O The direct cost of a particular department is always a controllable cost. Responsibility accounting identifies costs, revenues, and even capital investments with individuals, e.g. managers, and thus provides for more control and evaluation of performance. O All managers within an organization have equal authority and responsibility. Internal reports prepared under the responsibility accounting system should be limited to variable manufacturing costs.