Goal congruence - behavioural aspects of standards, Cost Accounting

Goal Congruence - Behavioural Aspects of Standards

A perfect variance analysis and standard costing system must enhance goal congruence between as:

i. The goal of individual employees and the individual departments and

ii. The goals of the organization as an entire.

This would prevent a conflict of goals and the resulting sub-optimality. Conversely, total goal congruence is an ideal that is difficult to achieve completely and in practice, some reasonable level of sub-optimality is 'endured' in the organization. Goal congruence is enhanced while the employees to be evaluated utilizing standard costing system are included in setting the standards and in evaluating their performance. It participative management style is via far preferred to the traditional autocratic system such overemphasized authority and hierarchy.

Posted Date: 2/7/2013 5:43:53 AM | Location : United States







Related Discussions:- Goal congruence - behavioural aspects of standards, Assignment Help, Ask Question on Goal congruence - behavioural aspects of standards, Get Answer, Expert's Help, Goal congruence - behavioural aspects of standards Discussions

Write discussion on Goal congruence - behavioural aspects of standards
Your posts are moderated
Related Questions
An analysis of the fluctuations of current assets and current liabilities that is working capital describes that how the working capital has decreased or increased. We want to iden

WORKED EXAMPLES OF EXPECTED CASH COLLECTIONS PATTERNS

A sound foundation is necessary for success in any task from building a house to putting on make up. In terms of U.S Accounting standards it is necessary to have a sound foundatio

Estimate the Growth rate of stock Data stock price = 53 rate of return= 12% expected dividend = 3.15 Formula : Expected return  = (dividend paid + capital

The following information is provided to you concerning Lydia Ltd as at 30 June 2012.  Assume a company tax rate of 30%. (i) The balance of rent received in advance in the balan

Considerations in Variance Investigation As already notice above, not all variances are investigated; this is only the material and meaningful as for cost control reasons vari

creating a decision treeplan.

A local government authority owns and operates a leisure centre with numerous sporting facilities, residential accommodation, a cafeteria and a sports shop. The summer season lasts

Given the information that follows, prepare a cash budget for the XYZ Store for the first six months of 2010. All prices and costs remain constant. Sales are 90% for cre

What are the major arguments for absorption costing?