Explain traditional managerial approach

Assignment Help Managerial Accounting
Reference no: EM1349865

1. Explain Traditional managerial approach? How would allocate resources based on cost efficiencies attempting to optimize benefit for the cost. How political approach to budgeting is one of political responsiveness and ranking system based on relative strength of a group.

2. How would how will you know what the needs are without the public participation/political element? The other issue to consider is accountability. Managing public funds and decisions can likely be done more quickly when there is little political input and administration is run like a business; but how will accountability to the public fit into this process?

3. Do you think political responsiveness keeps leaders of public agencies accountable to the public? Why? How?

4. How does a public administrator have an obligation to the public to allocate and manage resources in a cost efficient and effective manner?

Reference no: EM1349865

Questions Cloud

What time interval will the block start to slip : Find out the critical angle theta_ce for e-waves in calcite. The index of refraction for light with electric field parallel to the optical axis (called extraordinary waves or e-waves) is 1.4864. The index of refraction for light with electric fiel..
Divisions rank based on net income and roi : Top management of the Gates Company is trying to create a performance evaluation system to use to evaluate each of its three divisions.
Results of research from social psychologists : There are times when the results of research from social psychologists differ from the widely held beliefs of people and from what some would call common sense.
Business reprocess engineering-strategic information system : Some people may say that Business Reprocess Engineering (BPR) is special case of strategic information system, whereas, others may say opposite is true. Describe this statement in scholarly detail.
Explain traditional managerial approach : Explain Traditional managerial approach? How would allocate resources based on cost efficiencies attempting to optimize benefit for the cost. How political approach to budgeting is one of political responsiveness and ranking system based on relati..
Calculating standard material cost : Bulkboy Fitness Equipment, Inc. was recently created to produce and sell its "Biception" arm machine. Bulkboy decided to use a standard cost system to record costs related to the production of this product.
What is the speed of each marble immediately : A certain light truck can go around a flat curve having a radius of 150 m with a lowest speed of 38.0 m/s. With what maximum speed can it go around a curve having a radius of 87.0 m.
Self-concept and the use of self-schemas : Describe a recent EVENT of self-concept and the use of self-schemas, self-esteem, and self-efficacy.
Describe a shift of the aggregate demand curve : Describe whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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