Discuss management responsibilities.
Q: Explain the difference between culture and organization. Mention and discuss some features of the…
A: Organizational culture: It refers to the values shared by te member within an organization that…
Q: Discuss how the elements of efficiency, effectiveness, and flexibility are crucial to the design of…
A: Information system is a system which consists of some interrelated components which stores, edits…
Q: List two ways managers can use ABM to make decisions.
A:
Q: Which method you would advise the management to use and why?
A: Inventory refers to finished goods ready for sale or the goods which are used in production process.…
Q: How should managers estimate and interpretcost information?
A: Cost: It refers to the economic value incurred by a company to produce a product or deliver a…
Q: The plans of management are expressed formally in ________________________.
A: Budget: Budget is an effective tool to achieve the financial and operational goals of the business.…
Q: Function of human resources management
A: Solution- Human resource management (HRM) is nothing but managing human resources. it's the policies…
Q: What kind of graph can help decision making in management accountin? It would be if there are some…
A: The graphs are often considered statistical tools, however, in almost all fields, they are used as…
Q: What is activity based management? Why is it important? taking example
A: Activity based management:Activity based management is the process of applying activity-based costs…
Q: taining in
A: Managerial Responsibilities entail being in charge of the overall management of a work unit (or…
Q: Accountability in
A: Accountability is assigning roles and responsibilities of persons regarding work done by them.
Q: Define agency problems,
A: Agency problems occur when the managers use the firm's resources to invest in projects that may not…
Q: Describe the process through which a company's approach to planning and purpose may be transformed…
A: Here is the answer:
Q: Discuss the rules for linking events to resources and agents in an REA diagram.
A: REA Diagram: REA diagram is a technique which is used to establish the relationship between…
Q: What is a responsibility center?
A: Responsibility center: Responsibility centers are the segment of an organization which is authorized…
Q: What is value-based management and how is it used?
A: The company finds the value of the company by discounting the cash flows occurring in the future.…
Q: That event of management's desired objectives is an example of:
A: Efficiency: Efficiency is the ability to accomplish the result with the usage of the least amount of…
Q: Discuss the different variables of CAPM. How would a manager use it in decision making?
A:
Q: What is the key feature of activity-based responsibility accounting? Briefly explain.
A:
Q: Describe various organizational forms and business decisionmakers.
A:
Q: What is strategic management.
A: For organisation to achieve its goal by making proper decisions , anticipating changes and directing…
Q: Explain Management’s discussion and analysis.
A:
Q: How are management’s actions incorporated in EVA and MVA? How are EVA and MVAinterconnected?
A: Economic added value (EVA) is a measured cash-deductible reduction of capital costs of a firm's…
Q: Explain how CVP analysis can be used for managerial planning?
A: Management planning includes various types of analysis to be done on product costs, sales price,…
Q: Describe the connection between planning feedback, and controlling.
A: The management of the company is the main responsible for preparing the financial statements which…
Q: Define value-based management
A: SOLUTION:- VBM is a concept whih refers that management should firstly consider the interest…
Q: What is the organizational culture at SSS?
A: It is the responsibility of the state to establish and promote viable and correct tax system…
Q: describe the connection between the management process planning, feedback, controlling? take an…
A:
Q: Describe the three methods that managers can use to express CVP relationships?
A: CVP relationships means Cost volume profit relationship. It is a analysis used by management to…
Q: Differentiate management control from joint control.
A: Control refers to the authority to make important decisions and rule other important activities of…
Q: Distinguish planning decisions from control decisions?
A: Decision Making: Management of the business has to make good decisions for the growth and success of…
Q: Define Ethics.
A: Ethics are a set of moral principles they affect how people in a society make decisions and how…
Q: Define the management assertions of existence or occurrence, completeness, rights and obligations,…
A: Management assertion is the declaration by the management about the content of the financial…
Q: What is feedback and how is it useful in an information system?
A: Definition: Accounting information system: The system which helps to gather, store, and process the…
Q: Distinguish between responsibility, authority, and accountability.
A: Responsibility: When a sub-ordinate is obligated to perform the duties assigned to him, it becomes…
Q: Define a management control system and identify the issues involved with the design of a successful…
A: Management: It is a set of activities likes planning, organizing, controlling the human resources…
Q: What makes information relevant to decision making?
A: The information that is essential to occur in the future and is different from the identified…
Q: Define service sector.
A: Service Sector: The service sector produces intangible goods, more precisely services instead of…
Q: Draw the sketch of the management Accounting control system. What type of considerations are…
A: The administrative devices that firms use to control their managers and staff are referred to as…
Q: Discuss internal control consideration.
A: Internal control is a method to ensure the integrity of financial information, targets and…
Q: Explain Prudence concept and provide example.
A: Following accounting concepts & principles are used in accounting: Business entity principle…
Q: valuate the key elements of a human resource management strategy.
A: HRM strategy is a plan that lead to the implementation of a company's human resources department's…
Q: Explain how the formalization of tasks promotes internal control.
A: Internal Control: Internal control involves the norms and standards followed by a company to…
Q: Explain how managers use CVP analysis in decision making
A: Full for of CVP is Cost- Volume- Profit Analysis. It is that method of cost accounting that studies…
Q: Describe management’s discussion and analysis (MD&A).
A: Management of the organisation is required to prepare Management discussion and Analysis (MD&A)…
Discuss management responsibilities.
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