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The key to effective decision making in a decentralized organization is responsibility accounting: holding managers responsible for only those things that are within their control. This may include a cost center, which is an organizational segment, or a division, in which the manager has control over costs but not over revenue or investment decisions. Businesses are often broken into cost, revenue, and profit centers. Please respond to all of the following prompts in the class discussion section of your online course: Describe how a business you have worked for was organized. Was it decentralized or centralized? What control did managers have?If you had to choose, would you prefer to have management responsibility over a cost center, revenue center, or profit center? Explain your rationale.Would you rather work in a cost center, investment center, profit center, or revenue center of a company? Explain.
maher inc. reported income from continuing operations before taxes during 2014 of 817000. additional transactions
Under Carl's will, Carl created a testamentary trust to be funded with $700,000 worth of assets. All of the income of the trust is payable to Carl's child, Jane, for her life, and thereafter, the remaining assets of the trust will pass to The Publ..
Prepare a memo to Susan Apple, a tax partner for whom you are working, with the recommended treatment for the disputed income.
your client xxxx corporation is preparing the comparative financial statements for the annual report to its
Discuss the factors to consider when determining eligibility for the R&D Tax Credit. Discuss your reaction to the president's approach of R&D deduction related to the software training costs.
Prepare the journal entry(s) and defend your reasoning process for the admission of Smith to the partnership assuming Smith invested $400,000 for the ownership interest. Smith paid the money directly to Reese and to Janet for 50% of each of their ..
airline pricing considerations other than cost in pricing. air eagle is about to introduce a daily round-trip flight
A garden store prepares various grades of pine bark for mulch: nuggets, mini nuggets, and chips.The following table gives information regarding the different requirements.
1.At December 31, 2012, Albrecht Corporation had outstanding 373,000 shares of common stock and 8,000 shares of 9.5%, $100 par value cumulative, nonconvertible preferred stock.
analyze and explain how you think big banks are or are not ripping off pension funds. support your response with
Accounting basics Multiple choice questions. Make your selection by recording the letter in the answer box provided.
ross industries produces milk at a total cost of 132000. the production generates 60000 gallons of milk which can be
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