Departmentalization of accounts is useful because it shows the?
Answer Details
Departmentalization of accounts is useful because it shows the overall performance of a division. By dividing the company into departments, each department's performance can be tracked and analyzed separately. This can help in identifying the strengths and weaknesses of each department and finding ways to improve their performance. Departmentalization also allows for better cost control and helps in determining the profitability of each department. Overall, departmentalization of accounts provides useful insights into the performance of different segments of the company, which can be used to make informed decisions and improve overall company performance.