Posted: May 4th, 2016

The key difference between a controllable cost and a noncontrollable cost is?

The key difference between a controllable cost and a noncontrollable cost is:
a) the larger amount of the cost
b) the frequency of cost incurrence
c) the short term ability to influence the cost by the manager
d) whether the cost is fixed or variableFor performance reports to be most effective for management by exception, they should:
a) be issued at the same time for all responsible centers
b) be held until the financial statement for the month have been issued
c) be issued as soon after the activity or period covered as possible
d) show all of the costs associated with the responsibility center being reported about