The major reason for introducing budgetary control

Assignment Help Accounting Basics
Reference no: EM131130135

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

Reference no: EM131130135

Questions Cloud

To influence human behaviour and to motivate : 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.
Find the utility-maximizing combination of movies and books : Another Point on the Demand Curve. Suppose the price of movies decreases from $3 to $2. Maxine s income is $30, and the price of books is $1.
Analyze the issue of reasonable accommodation : Summarize your consulting recommendations to the accounting firm. Be sure to discuss whether this candidate is capable of performing the essential functions of this job from a wheelchair. Analyze the issue of reasonable accommodation. What does th..
Describe the adverse effects of the problem on public health : Describe the adverse effects of the problem on public health and well-being. Provide detailed and specific data on the problem and the community in which the project will be implemented.
The major reason for introducing budgetary control : 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.
Essay media depiction of family and theoretical application : Media and Myths: Essay on Media Depiction of Family and Theoretical Applications- explain your view of which sociological theory is the "best-fit" theory for this family portrayal.
Does your piece convey a social or political message : Is your piece Apollonian or Dionysian? Does your piece convey a social or political message? Briefly describe your own reaction to the piece. Has this piece altered your own feelings or perceptions about art and/or life?
Furyk company opened business as a sole proprietorship : Sole Proprietorship (Appendix) Furyk Company opened business as a sole proprietorship on January 1, 2010. The owner contributed $500,000 cash on that date. During the year, the company had a net income of $10,000. The company purchased equipment o..
Where will most of the high-quality apples be sold : What are the implications for the mix of high- and low-quality apples in apple-growing areas and other regions? Where will most of the high-quality apples be sold?

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.

  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!

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