What is responsibility accounting and what are the three types of responsibility centers?

Table of Contents:

1. What is responsibility accounting and what are the three types of responsibility centers?
2. What is responsibility account?
3. What are the advantages and disadvantages of responsibility accounting?
4. What are ethical responsibilities in an organization?
5. What are the ethical responsibilities of researchers?
6. What are the roles and responsibilities of a researcher?
7. What are the researchers ethical responsibilities in qualitative practice?
8. Why are ethical considerations important for qualitative research?
9. What are the ethical issues present in qualitative research?
10. Why are ethics important in research?
11. What are the similarities and differences between quantitative and qualitative methods of research?

What is responsibility accounting and what are the three types of responsibility centers?

There are three types of responsibility centers—expense (or cost) centers, profit centers, and investment centers. In designing a responsibility accounting system, management must examine the characteristics of each segment and the extent of the responsible manager's authority.

What is responsibility account?

Responsibility accounting is a kind of management accounting that is accountable for all the management, budgeting, and internal accounting of a company. ... It also accounts for the cost and revenue of a company, where reports are accumulated monthly or annually and reported to the concerned manager for the feedback.

What are the advantages and disadvantages of responsibility accounting?

The advantages of responsibility accounting are: It establishes a sound mechanism for control. ADVERTISEMENTS: 2. It forces the management to consider the organisational structure and examines who is responsible for what and fix the delegation of power.

What are ethical responsibilities in an organization?

A business should administer employee behavior and HR decisions in a manner that fits the law and establishes social responsibility. By establishing policies and applying them fairly to all employees, a business owner creates a climate of fairness and equity.

What are the ethical responsibilities of researchers?

When conducting research on human subjects, minimize harms and risks and maximize benefits; respect human dignity, privacy, and autonomy; take special precautions with vulnerable populations; and strive to distribute the benefits and burdens of research fairly.

What are the roles and responsibilities of a researcher?

Researchers have a responsibility to communicate their research, to collaborate with others where appropriate and to transfer and exploit knowledge for the benefit of your employer, the economy and society as a whole. Researchers have a responsibility to behave honestly and ethically in the course of their research.

What are the researchers ethical responsibilities in qualitative practice?

Researchers face ethical challenges in all stages of the study, from designing to reporting. These include anonymity, confidentiality, informed consent, researchers' potential impact on the participants and vice versa.

Why are ethical considerations important for qualitative research?

The protection of human subjects through the application of appropriate ethical principles is important in all research study. ... The consideration of ethical issues is crucial throughout all stages of qualitative study to keep the balance between the potential risks of research and the likely benefits of the research.

What are the ethical issues present in qualitative research?

Two ethical issues in qualitative research include confidentiality, and the role of the researcher as a data collection instrument. When we use qualitative data collection techniques, we usually spend a lot of time with research populations. We engage people at the community level.

Why are ethics important in research?

Research ethics are important for a number of reasons. They promote the aims of research, such as expanding knowledge. They support the values required for collaborative work, such as mutual respect and fairness. ... They ensure that the public can trust research.

What are the similarities and differences between quantitative and qualitative methods of research?

Qualitative Methods	Quantitative Methods
Text-based	Number-based
More in-depth information on a few cases	Less in-depth but more breadth of information across a large number of cases
Unstructured or semi-structured response options	Fixed response options
No statistical tests	Statistical tests are used for analysis