User Account

All Pages

Explain the difference between planning and control

Assignment Help Accounting Basics
Reference no: EM132090086

Question: JJ Ltd is a small-medium sized enterprise that manufactures a electronic control systems for household white goods. Management decision making process of the company relies heavily on the information about stock valuation. You have recently joined the Business Accounts Team of the company as an intern, and your manager has asked you to produce a report on the following:

1- Explain the difference between planning, control, and decision making in management. Your answer should be in the context of Business Accounting, and include an example of each of these three aspects of management.(250 words.

2- Critically discuss the four inventory valuation methods Throughput, Direct or variable, Full Absorption, and Activity Based) and their impact on the total value of the inventory. 750 words)

Reference no: EM132090086

Questions Cloud

Describe common type of integrated delivery system : Describe a common type of integrated delivery system (IDS) and its relationship with independent and hospital-employed physicians.
Explain the five typical accounting cycles : Many business processes are paired in give-get exchanges. Basic exchanges can be grouped into five major transaction cycles.
Critically analyse and develop artefacts : ITECH7410 - Software Engineering Methodologies - Assignment – Analysis of Real-Time System - critically analyse and develop artefacts to define processes
The traditional inefficiencies of public bureaucracies : How does competitive public administration and the new public management seek to deal with the traditional inefficiencies of public bureaucracies?
Explain the difference between planning and control : Explain the difference between planning, control, and decision making in management. Your answer should be in the context of Business Accounting.
Why are these traits important to round out leadership style : What are some important traits he should cultivate to become a stronger leader? Why are these traits important to round out his leadership style?
Define an overview of each theoretical point of view : Realism, Liberal Institutionalism and Constructivism all agree that anarchy is an important influence on the behavior of nation-states in the international.
Why managers may be reluctant to participate : Why managers may be reluctant to participate fully in setting budgets, indicating negative side effects caused by imposition of budgets by senior management?
What are the advantages of ortega proposal : Nature's Own Garden manufactures organic fruit preserves sold primarily through health food stores and on the Web. The company closes for two weeks each.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd