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.
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