What is responsibility accounting
Question:
1. What is responsibility accounting? How can responsibility centres be established? How does it differ from "profit centre"?
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Calculate the target level and upper limit for a cash management approach that uses the Miller and Orr model.
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What is responsibility accounting? How can responsibility centres be established? How does it differ from "profit centre"?
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What collection and payment policies can be used to better balance the cash flow need of companies?
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