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: 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: 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: 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: 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: 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: Why management should ensure equitable distribution of resources?

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

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 quality improvement programs?

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