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Organizing(1) It is the establishment of the framework within which the required activities are to be performed and the designation of who should perform such activities. It includes the establishment of decision units such as departments, sections, branches, etc.
(2) The management accountant will give information on the performance of each of these segments.
Motivation
Motivation involves influencing human behavior so that the participants identify with the objectives of the organization and makes decisions that are in harmony with such objectives. Budgets and performance reports produced by management accountants motivate the firm’s employees. To be motivating however, targets should be challenging but achievable.
PART 1 Carlton Ltd operates at capacity and makes glass-topped dining tables and wooden chairs which are then typically sold as sets of four chairs with one table. However, some c
Explain the growth, index, sectoral, gilt and money market methods? (i) What are the key variations among the open ended and close ended methods? What are the plus and minuses
Application of Transportation Model In the direct logic, the transportation model looks for the determination of a transportation plan of a particular commodity from a number o
What story or character in a story generated what Aristotle calls a "catharsis?" Describe your emotional response. What specifically caused your emotional response?
Correlation coefficient (r) Correlation coefficient measures the degree of association between two variables such as the cost and the activity level. r = nΣxy - Σx Σy
Explain Functional classification a) Liquidity ratio: these are the ratio which measures the short term solvency or financial position of a firm. These ratios are calculati
briefly discuss five characteristics of relevant cost
These loans are given by the Banker for short periods for an exact activity like financing for a civil contract work. As the customer receives payment, the transaction will be repa
Advance Factoring and Maturity Factoring: In both recourse and non-recourse factoring whether the factor advances cash against book debts to the client instantly on assignment
State Factors determining Working Capital requirement.
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