Responsibility center

From Wikipedia, the free encyclopedia

A responsibility center is an organization unit that is headed by a manager who is responsible for its activities and results.[1] In Responsibility Accounting revenues and costs information are collected and reported by responsibility centers.[2]

References

  1. ↑ Anthony, R. The Management Control Function, Boston, HBS, 1988, p.64.
  2. ↑ Budgeting Basics and Beyond, Jae K. Shim; Joel G. Siegel, John Wiley & Sons, ISBN 978-0-470-38968-3

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