Performance evaluation and control-decision making process
Write down a short note on the Performance evaluation and control in decision making process?
Expert
Performance evaluation and control: Management accounting information can assist in reviewing the performance of the business adjacent to agreed criteria. The non-financial indicators are rousingly employed to compute performance, all along with financial indicators. The controls require being in place to make sure that actual performance verifies to plan performance. The actual outcomes will, thus, be compared with plans to see whether the performance is better or inferior than predicted.
What do you mean by the term position analysis in a business? Briefly illustrate it.
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
discuss the limitations of human relations approaches to management
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
Write a brief note on the things which Weaknesses comprises?
Write a short note on the relationship between risk and return?
What do you mean by the term Reliability which is accounting information?
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
An income statement item that represents the difference between the actual cash amount and an accounting measure of how much cash there should be. The most common example exists in a retail situation where the cash in the cash register is compared to the register tape
18,76,764
1929714 Asked
3,689
Active Tutors
1423289
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!