The budgetary unit of an organization that is led by a manager who has both the authority over and responsibility for the unit's performance is known as a a. budgetary area b. responsibility center c. control center d. managerial department

b.responsibility center

Explanation:

Responsibility centers are identifiable segments within a company for which individual managers have accepted authority and accountability. Responsibility centers define exactly what assets and activities each manager is responsible for.

Managers prepare a responsibility report to evaluate the performance of each responsibility center. This report compares the responsibility center’s budgeted performance with its actual performance, measuring and interpreting individual variances.

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.

answer; dividing net income by 1- t ;