Asked by Misty Shonkwiler on Jun 08, 2024

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Budget performance reports prepared for the vice president of production would generally contain less detail than reports prepared for the various plant managers.

Vice President of Production

A senior executive responsible for overseeing and managing all production-related aspects of a company, including manufacturing processes, production efficiency, and product quality.

Plant Managers

Individuals responsible for overseeing all aspects of operations, production, and efficiency in a manufacturing plant or factory.

  • Understand the significance of detailed compared to summary reporting within responsibility accounting depending on the level of management.
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RA
Rocio AdyleneJun 11, 2024
Final Answer :
True
Explanation :
Since the vice president of production is responsible for overseeing all the plants, their budget performance reports would focus on high-level summaries and key takeaways. On the other hand, plant managers would require more detailed reports specific to their plant's operations.