Organizing-motivation-role of management accountant, Managerial Accounting

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.

Posted Date: 12/4/2012 6:13:54 AM | Location : United States







Related Discussions:- Organizing-motivation-role of management accountant, Assignment Help, Ask Question on Organizing-motivation-role of management accountant, Get Answer, Expert's Help, Organizing-motivation-role of management accountant Discussions

Write discussion on Organizing-motivation-role of management accountant
Your posts are moderated
Related Questions
The requirement for working capital fluctuates according the level of inventory, production, debtors and creditors etc. The working capital needs are not uniform during the year be

Advantages of Value Added Statements 1) Managers might be in a better position to control their organizations own inputs than the cost and usage efficiency of purchased materia

Applications of Markov Chains They are a particular class of probabilistic models and their applications include analysis of: Inventory systems Replacement and mainten

Computing equivalents units and assigning costs to completed units and ending work in process; no beginning inventory or cost transferred in (30 -45min) Sue Electronics makes CD p

Explain performance budgeting according to seal and summers According to seal and summers performance budgeting comprises three elements:  a) The result (final outcome)


What are the Advantages or uses of break even charts Computation of break even point or presentation of cost volume and profit relationship by way of break even charts has the


1. In common, accounting period is the time period reflected by a series of financial statements.  2. In terms of taxation, it is twelve-month period a taxpayer uses to know

Explain what is meant by traditional costing system. Support with example.