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 Discussion Blog  by: John Hendrick Bundang CMA Adapted-Responsibility Accounting Define Responsibility Accounting: Responsibility accounting is a management control system that involves dividing an organization into various segments or responsibility centers, each of which is assigned specific responsibilities for achieving certain objectives or goals. This accounting approach is used to evaluate the performance of individual managers or departments within an organization based on their ability to control certain aspects of the business. Main objectives of responsibility accounting: Goal clarity: Clearly define the objectives and targets for each responsibility center, which align with the overall organizational goals. Performance evaluation: Assessing the performance of managers or departments by comparing their actual results with the predetermined goals and standards. Decision-making: Empowering managers with the authority to make decisions within their area of responsi...