Responsibility for cost controls


Problem:

Is the following statement correct? If so, please explain why.

"A good Control System places the blame for every unfavorable variance upon someone in the organization. Without affixing the blame, no one will take responsibility for Cost Controls."

Solution Preview :

Prepared by a verified Expert
Finance Basics: Responsibility for cost controls
Reference No:- TGS02086050

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)