The two - tier boar of an organization is particularly useful : a. In ensuring that there is a counterbalance to the power of managers b. For managers to assert their power C. In improving operational efficiency d. In ensuring that employees can determine strategies for the organization
The two - tier boar of an organization is particularly useful : a. In ensuring that there is a counterbalance to the power of managers b. For managers to assert their power C. In improving operational efficiency d. In ensuring that employees can determine strategies for the organization
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 1MC: Which of the following is nor a common goal of an organization? A. operational efficiency B. being...
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Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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