Q. Controllable costs, as used in a responsibility accounting system, consist of: (Solved)
1. Only fixed costs.
2. Only direct materials and direct labor.
3. Those costs that a manager can influence in the time period under review.
4. Those costs about which a manager has some knowledge.Those costs that are influenced by parties external to the organization.
- c. Those costs that a manager can influence in the time period under review.