Question & Answer: The concept says that managers should be evaluated on the basis of revenues and/or expenses they can control is known as the: Management by exception concept. Co…..

2.5 points Save Answer QUESTION 19 The concept says that managers should be evaluated on the basis of revenues and/or expenses they can control is known as the: Management by exception concept. Controllability concept. Responsibility concept. None of these. K- QUESTION 20 2.5 points Save Answer The entry to record cost of selling a particular job in a job-order costing system would include a: Debit to finished goods inventory and a credit to cost of goods sold Debit to cost of goods sold and a credit to finished goods inventory. Debit to cost of goods sold and a credit to work in process Inventory Credit to work in process and a debit to finished goods Inventory

The concept says that managers should be evaluated on the basis of revenues and/or expenses they can control is known as the: Management by exception concept. Controllability concept. Responsibility concept. None of these. The entry to record cost of selling a particular job in a job-order costing system would include a: Debit to finished goods inventory and a credit to cost of goods sold. Debit to cost of goods sold and a credit to finished goods inventory. Debit to cost of goods sold and a credit to work in process Inventory. Credit to work in process and a debit to finished goods Inventory.

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