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.
Managerial Cost Accounting System: The organization and processes, whether automated or not, and whether portion of the general ledger or stand-alone, which accumulates and reports constant and trustworthy cost information and perform
Please see attached. Do tutors provide assistance as to how they came about their answers?
Write a brief note on the things which Weaknesses comprises?
Activity Analysis: The identification and explanation of activities in an association. The activity analysis comprises determining what activities are completed within a department and how many people execute the activities, how much
What are the various Calls in Arrears? Describe it.
Incremental Cost: The raise or reduction in total costs which would result from a decision to raise or reduce output level, to add a service or task, or to modify any part of operations. This information aids in making decisions such
Performance Measurement: A means of computing effectiveness, efficiency, and outcomes. A balanced performance measurement score-card comprises financial and non-financial measures focusing on the quality, cycle-time, and price. The performance measure
Liability of partners: A) Under contract law: Liability is joint only (collectively); The creditor has only one right of action (except in NSW, where liability is now joint and several).
What are various methods to assign support cost?
Briefly define how useful is the management accounting information is?
18,76,764
1942521 Asked
3,689
Active Tutors
1438357
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!