Developing objectives and plans in decision making process
Write down a short note on the developing objectives and plans in decision making process?
Expert
Developing objectives and plans: Managers are mainly accountable for establishing the mission and aims of the business and then developing policies and plans to accomplish such objectives. The management accounting information can aid in gathering information which will be helpful in developing suitable objectives and policies. This can as well produce financial plans which set out the likely outcomes from the adopting specific policies. The managers can then employ such financial plans to compute each policy and use this as the basis for deciding between the different policies on offer.
Normal 0 false false
Responsibility Segment: A noteworthy organizational, functional, operational, or process component that has the characteristics as: (i) Its manager reports to the entity's top management;
Write a brief note on the things which Strengths comprises?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Common Data Source: All of the programmatic and financial information available for the cost, budgetary, and financial accounting processes. This comprises all financial and much non-financial data, like environmental data, which are
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
Assignment 1: A adjusted Trial balance table given below: Southwest Business School Q : Why most of the larger businesses are Why most of the larger businesses are not managed as the single unit through one manager?
Why most of the larger businesses are not managed as the single unit through one manager?
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
18,76,764
1933907 Asked
3,689
Active Tutors
1454071
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!