Motivation - behavioural aspects of standards, Cost Accounting

Assignment Help:

Motivation - Behavioural Aspects of Standards

Variance analysis and standards setting requires to be carried out like it motivates managers and other employees. It should not create adverse and resentment reactions. To achieve motivational effects, the process should be like:

1. Participative

2. One that encourages responsibility and initiative;

3. One that is not seen like a mere pressure device

4. Should be objective and uniformly applied to all

5 .Carried out in time.

6. One that provides fair feedback to the employees, pointing out areas of negative and positive performance.

7. Well linked to the penalty- reward system that is the positive performance is rewarded while negative performance is punished or accurate to enhance positive performance.


Related Discussions:- Motivation - behavioural aspects of standards

Describe the concept of full cost recovery with illustrative, Describe the ...

Describe the concept of full cost recovery with illustrative examples.

Costsheet, preparation of costsheet

preparation of costsheet

Interest earned on down payment, You sell a machine for $600,000. You allow...

You sell a machine for $600,000. You allow the client to pay 1/3 at the time of the sale and 1/3 at the end of year one and 1/3 at the end of year two. The company earns 10% on ass

Compute over and under absorption of variable overhead, Compute Over and Un...

Compute Over and Under Absorption of Variable and Fixed Overhead A company has a machine cost center for that the given information is available as a) Budget i. Budget

Total landed cost, How many pounds of guava puree are required? a. In a ...

How many pounds of guava puree are required? a. In a month? b. How many in a year? In computing the Total Landed cost for mango concentrate, we are interested in the incre

Briefly decribe the benefits of a cash budget, You are provided with the su...

You are provided with the subsequent information relating to Cello Ltd. The accountant is currently preparing the budget for the next three months ending 30 June 2010.

CONCEPT AND OBJECTIVES, what are the concept and objectives of cost account...

what are the concept and objectives of cost accounting?

Angle of incidence, ANGLE OF INCIDENCE:   It is an angle that is created wh...

ANGLE OF INCIDENCE:   It is an angle that is created when the entire sales line intercepts the entire cost line from below in the breakeven chart. It is inferred that higher the an

Forecasting future cash flow and implement capital budgeting, It is the yea...

It is the year 2012. The Chief Executive of XYZ Systems Plc, a growing firm in the telecommunication sector, has called your team for an important meeting. "We are expanding": he s

Write Your Message!

Captcha
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