How does the reward system for a strategic-based system differ from the traditional approach?

Q: What does the Good internal control helps ensure?

A:

Q: What are the differences between a centralized and decentralized network?

A: Social Network- The term "social network" refers to internet-based networking with friends, family,…

Q: What are the goals of a performance evaluation system?

A: Performance Evaluation System: Performance evaluation system is a system used to examine…

Q: What detail would a decision maker require to analyse a dilemma with the expected value? What…

A: Settling on choices is surely the main undertaking of an administrator and it is regularly an…

Q: The unadjusted balance in Supplies was $800 at December 31, 2018. The unadjusted balance in Supplies…

A: Step1: Preparation of the adjusting entry for supplies expenses. We have,Supplies Expenses = $ 800 -…

Q: What are the basic risk faced by financiwl intermediaries?

A: When two parties are transacting together and one person or entity is making the transaction easier…

Q: why do managers use IRR for strategic decison more than NPV?

A: Capital Budgeting tools and techniques help managers appraise investment opportunities.  It is…

Q: How does the allocation method affect whether to process further or not?

A: Allocation method is always used by the company in the allocation of costs which are in jointly…

Q: Why do we need stress testing and scenario analysis?

A: A stress test or scenario analysis is used to determine and analysis the outcome of a financial…

Q: In your own words, why do we need control plans?

A: Control plan is a document that states the measures to maintain the quality of the products. It…

Q: How can development projects be differentiated from one another in the marketplace?

A: How development projects are distinguished from one another in the marketplace:  Business designers…

Q: increase

A: In finance, the agency problem refers to a conflict of interest between the management of the…

Q: What questions should managers answer when considering outsourcing?

A:

Q: What is the link between the internal control environment and accountability?

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Q: What is the relationship among motivation, goal congruence, and effort?

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Q: Why there is a need for effective internal control?

A: Internal control encompasses policies, procedures, and practices implemented by an organization to…

Q: What is the purpose of the Management’s Discussion and Analysis?

A: Management Accounting:   It refers to using the financial information of the organization for…

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: What are the examples of gain contingency?

A: A gain contingency is a uncertain future event which results in economic inflow to a entity, it is…

Q: Decentralisation has both costs and benefits. What are some reasons why organisations may choose to…

A: Decentralization: Decentralization can be defined as the practice of assigning the responsibility…

Q: How are Sensitivty Analysis and Scenario Analysis different in details?

A: Sensitivity analysis is the evaluation of the impact on the project when there may be a few…

Q: Explain the specific relationship between risk and reward and why this relationship must be true.

A: Risk refers to probability for loss of investment value by an investor whereas Reward refers to…

Q: How does/can a financial intermediary reduce the risk facing them due to Adverse Selection?

A: The question is based on one of the key issue in financial market, banking industry,  about the…

Q: What controls would you implement to

A: Internal Control system: Internal control system can be defined as the set of policies and…

Q: How can you tell the difference between planning and control decisions

A: The difference between planning and control decisions will be shown:

Q: Do you think sustainability is best managed as part of an informal or a formal type of management…

A: Sustainability is the way of management focuses on areas like environmental protection etc so that…

Q: Why management should ensure equitable distribution of resources?

A: Equitable distribution of resources in the organisation mean that every individual employee working…

Q: What is shared risk? Use an example to explain the shared risk happen and who will involved?

A: Risk means the uncertainty of happening of an event. When the risk is higher than the uncertainty of…

Q: How does the ESKOM operate and what is its competitive strategy?

A: ESKOM is a South African power utility company responsible for generating, transmitting and…

Q: What are some of the reasons that ABM implementation may lose the support of highermanagement?

A: ABM (account-based marketing) is a company marketing technique that focuses efforts on a small…

Q: What are quality improvement programs?

A: Total Quality Management: Total quality management is a method that eliminates wasteful activities…