What changes would make for increased accountability

Assignment Help Managerial Accounting
Reference no: EM132736036

Problem 1: We are discussing responsibility accounting. It is a sound measure to look at those cost centers and hold those managers accountable for the success of these centers. This system is designed so that revenue and cost information is collected and reported by those areas of responsibility. If you were to change the center responsibility, what changes would you make for increased accountability that go beyond collecting and reporting? Why these selections or are they sufficient with the present status of reporting?

Reference no: EM132736036

Questions Cloud

Single-server waiting line system : Poultry Processing processes chickens for fast food restaurants. The chickens arrive from the farms on trucks, in cages, at a rate of 8 trucks per hour accordin
Perspective of supply chain design : From the perspective of supply chain design, what capabilities should disaster relief supply chains have?
What do you understand by database : What do you understand by ‘Database'? Enlist the advantages of DBMS. What are the various types of relationships in Database? Define them.
Which bellamy should make the entry : Proceeds from sale of asset $44 000. The resulting lease is classified as an operating lease. According to AASB 117, Bellamy should make the following entry
What changes would make for increased accountability : What changes would make for increased accountability that go beyond collecting and reporting? Why these selections or are they sufficient
Why is controlling a very important management function : 1. Why is controlling a very important management function? 2. What is controlling? Is it applicable to the day-to-day activities of the engineer manager?
Early hominids and australopithecus : What do these groups represent for human evolution? Why are these hominids unique in human evolutionary history?
Analysis of the 4 waiting line models studied : Provide an analysis of the 4 waiting line models studied. Include types of businesses that would use each type of model.
Find which is not expected to have potential to be affected : Find which is not expected to have the potential to be affected by the new leasing approach being developed by IFRS 16? Debt covenants

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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