Explain what type of responsibility centre a support department is and the main differences between the direct, step-down and reciprocal services method. Describe two characteristics of innovations management accountants consider important when deciding whether to implement new systems. (Five sentences that covers the main points are sufficient).
Explain what type of responsibility centre a support department is and the main differences between the direct, step-down and reciprocal services method. Describe two characteristics of innovations management accountants consider important when deciding whether to implement new systems. (Five sentences that covers the main points are sufficient).
Explain what type of responsibility centre a support department is and the main differences between the direct, step-down and reciprocal services method. Describe two characteristics of innovations management accountants consider important when deciding whether to implement new systems. (Five sentences that covers the main points are sufficient).
Explain what type of responsibility centre a support department is and the main differences between the direct, step-down and reciprocal services method. Describe two characteristics of innovations management accountants consider important when deciding whether to implement new systems. (Five sentences that covers the main points are sufficient).
Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.