What are the positives of developing standards

Assignment Help Financial Accounting

Reference no: EM131219399

1. What are the "positives" of developing standards? Negatives?

2. What types of standards or expectations have existed in jobs that you have worked?

Reference no: EM131219399

Questions Cloud

Evaluate the impact of the regulatory environment : Describe the type of business you have created including: The product or service, and general staffing plan. Provide a rationale for your plan. Evaluate the impact of the regulatory environment, including the Sarbanes-Oxley Act and other regulatory r..

Cash dividends and two classes of stock : Cash dividends and two classes of stock Raymond Inc., has two classes of capital stock outstanding: 25,000 shares of 5%, $100 par value cumulative preferred and 30,000 shares of $10 par value common. During the current year, the company earned net in..

Mix variance often more critical than a volume measure : Revenue variances can be separated into volume measures and mix. Why is a differential on a mix variance often more critical than a volume measure?

Proponent of variable costing believe that having fixed cost : Proponents of variable costing believe that having fixed cost per unit distorts the costing picture and results in inventory recessions. What is the downside of using variable costing? Please answer in 4-8 sentences and do not just cut and paste from..

What are the positives of developing standards : What are the "positives" of developing standards? Negatives? What types of standards or expectations have existed in jobs that you have worked?

Budget for planning and operation within business : There are many advantages to using a budget for planning and operation within a business. Share what you believe are the three main advantages for using a budget. Select one of these advantages and present an example, as well as how you feel that adv..

Auditing cash intensive business : A significant challenge to any auditor is that of auditing a cash intensive business such as a bar or a car wash. Identify a specific business type that would historically receive a significant amount of cash in its normal operating schema. Using thi..

Encountered any time standards are recommendations : What do you think would be the most difficult steps in conducting a "time study". Have you encountered any "time" standards are recommendations from employers in jobs that you have worked? Explain? Did you or would you be motivated by "time" standar..

User Account

All Pages