Regions of decision making process
What are the possible broad regions of decision making process where management accounting information is required?
Expert
The possible broad regions of decision making process where management accounting information is required are as follows:
a) Developing objectives and plans.b) Performance evaluation and control.c) Allocating resources.d) Determining costs and gains.
Trust Accounting: It is the "accounting of each and every item of income and expenditures which are employed to find out the amount that certain beneficiaries will obtain from the trust each year." Actually, it is equivalent to all the revenues receiv
Write down a short note on the major tasks of board that runs the organization?
Write down a short note on the Allocating resources in decision making process?
A security that starts as an instrument similar to as check, in which a customer asks the bank to pay the designated amount to a payee in the future. The bank accepts the order, becoming responsible for payment, because the customer has the money to back the check, an
Direct Cost: The cost of resources directly used by an activity. The direct costs are assigned to actions by direct drawing of units of resources used by individual actions. A cost which is particularly recognized with a single cost o
Partnership Accounting: A business can be a firm, a partnership, or a solitary proprietorship. The corporation is incorporated at state level. The sole proprietorship is one person in business. A partnership is two or more than two persons with an agr
ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Functions explain how the provision of explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Write down a short note on determining costs and benefits in decision making process?
Investor Relations: A department, exist in most medium to big public companies, which gives investors with a precise account of the company's affairs. This aids investors to make informed sell or buy decisions. Inv
18,76,764
1957696 Asked
3,689
Active Tutors
1412465
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!