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
Occurrence of Overhead Variances Overhead variances arise mainly because of the conventions of the overheads absorption process. The overhead absorption rates employed in this

Assume your grandparents have just given you $20,000 on the condition that you invest the money in the stock market. As you contemplate making your investment choices, what accoun

A 1- year Canadian bond with a face value of 5000 can be purchased at 4800. a) Calculate the nominal interest rate in Canada. b) If the Canadian dollar is expected to depreci

Bakeson Bearings Ltd is preparing to submit a bid for a bearings order.  Janet Lake,  CEO of the Manufacturing Division, has asked Jason Docker, the management accountant, to prepa

We have noticed that working capital is needed to finance that portion of current assets that is not financed through current liabilities. We also noticed that the investments repr

interaction with an expert/cost accountant to know the overhead absorbtion policies and procedure followed

Cost Accounting advantage and features

A company is to produce an IC and a chip size of 120mm2 has been estimated, based on using a full-custom nMOS technology on 8" wafers. The process has a 92% yield at the wafer fab

Discuss how SD can use standard costing and variance analysis to prepare meaningful reports when using Kaizen Costing. By the use of standard costing and variance analysis, fr

A company is evaluating the following lease or buy option.  A four year lease with annual payments of $25,000 payable at the beginning of the year. The tax shield is available a