Motivation - behavioural aspects of standards, Cost Accounting

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.

Posted Date: 2/7/2013 5:46:12 AM | Location : United States







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

Write discussion on Motivation - behavioural aspects of standards
Your posts are moderated
Related Questions
MARGINAL COSTING AND DIFFERENTIAL COSTING 1.     Differential costing can be used both in case of marginal costing and absorption costing. 2.     In case of marginal costing

Below find production and sales information for Herrestad Company. We will use this same company for all the SLPs in this course.  Product information

Weston Corporation manufactures a product that is available in both a deluxe and a regular model. The company has made the regular model for years; the deluxe model was introduced

WORKED EXAMPLES OF EXPECTED CASH COLLECTIONS PATTERNS

Absorption vs. Variable Costing Varilux manufactures a single product and sells it for $10 per unit. At the beginning of the year there were 1,000 units in inventory. Upon further


Flying High Company manufactures model airplanes. During the month, it manufactured 10,000 airplanes. Each one used an average of 6.5 direct labor hours and an average of 1.5 sheet

First in First Out or FIFO FIFO method is based upon the assumption such stock purchased first is issued first. Prices of stock purchased first are employed to determine the v

Purchase of office supplies.

Given the below information, what are the values for COGS and ending inventory for each costing method below?   Number of Units Price per Unit