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Hi john sir guide me about the following plz
Q#1Which of the following explains responsibility accoounting?
a. a system of accounting where parts of the accounting functions are allocated to individual managers
b. a system of reporting in which budgets and budgetory control are allocated to individual managers
Q#2 The cost of materials for product A are as follows:
Material A :$2250
Material B: $3000
Material c: $3600
Material d: $150If the material proportions were displayed on the pie chart, how many degrees would material c will represent?
a. 90 degree
b. 120 degree
c. 144 degree
d.204 degreePlz explain me
Q1 – the answer is B (they are responsible for controlling, not for simply doing the accounting)
Q2 – the total cost of materials is 9000. There are 360 degrees in total in a pie chart.
So C will be 3600/9000 x 360 = 144 degrees.
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