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The major reason for introducing budgetary control and standard costing systems is to influence human behaviour and to motivate the managers to achieve the goals of the organization. However, the accounting literature provides many illustrations of accounting control systems that fail to give sufficient attention to influencing human behaviour towards the achievement of organization goals.'
You are required:
(a) To identify and discuss four situations where accounting control systems might not motivate desirable behaviour.
(b) To briefly discuss the improvements you would suggest in order to ensure that some of the dysfunctional behavioural consequences of accounting control systems are avoided.
Company purchased 10,000 shares of the stock of Flimsy, and did obtain significant influence. The investment is intended as a long-term investment.How much should the Flip Company report on the balance sheet for the investment in Flimsy as the end of..
Which of the following statements is true regarding SFAS 109 and its use of the asset and liability approach?
On July 3, Hanoi Artifacts Corporation issued for cash 450,000 shares of no-par common stock at $2.50. On September 1, Hanoi Artifacts issued 10,000 shares of 2%, $25 preferred stock at par for cash.
Why is documentation important to AIS?
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