Behavioural aspects of standards, Cost Accounting

Assignment Help:

Behavioural Aspects of Standards

Budgets and Standards rely heavily on the people who have to work to meet them. Since the detailed nature of standard costing and its involvement along with foremen and production workers, communication is crucial. Production workers frequently view performance review along with a lot of suspicion, whether a cost-conscious, positive attitude is to be developed, after that close attention must be granted to the behavioral aspects of the system. In shortly, variance analysis is often not considered via those being evaluated like a neutral objective and purely technical process. This is since it has subjective and human aspects that in turn affect the employees' behaviour in the organization: These are discussed under the given headings as:

  • Participation
  • Motivation
  • Goal definition
  • Communication
  • Goal congruence

Related Discussions:- Behavioural aspects of standards

Determine the incremental cost, Determine the Incremental Cost A compa...

Determine the Incremental Cost A company currently makes a component that has the given unit cost structure Direct Material Shs. 100

Cost Accounting, Cost Accounting advantage and features

Cost Accounting advantage and features

What is cmmi, Capability Maturity Model Integration (CMMI) is a process dev...

Capability Maturity Model Integration (CMMI) is a process development approach that gives organizations with the essential elements of effective processes. It can be used to gui

Mr, Extracts from P Co''s records for last month are as follows: ...

Extracts from P Co''s records for last month are as follows: BUDGET ACTUAL PRODUCTION 7,000 UNITS 7,200 UNITS Direct Material $42,000 $42,912 Calculate

Objective type question, 1. The bank added another company's deposit to our...

1. The bank added another company's deposit to our account. This would be included on the bank reconciliation as a(n). a) addition to the balance per books. b) subtraction from the

Accounting, 1. Develop a list of tasks that a newly appointed CFO would be ...

1. Develop a list of tasks that a newly appointed CFO would be responsible for, including relevant reports they will access and review and the schedule for when this would occur.

Types of variances, TYPES OF VARIANCES Variances are computed for the e...

TYPES OF VARIANCES Variances are computed for the entire three basic elements of cost - direct labour, direct material, and overhead variance 1. Direct labour variance 2.

Importance of cash and cash flow statement, Cash is the other form of fund ...

Cash is the other form of fund although in a narrow sense, this refers to a supply which can be drawn upon as per to the need. Here the term cash involves both cash and cash equiva

What is chargeback, A process in the industry where a wholesaler needs an a...

A process in the industry where a wholesaler needs an amount that is the difference among the manufacturer's price to the wholesaler and the contract price to the resale customer.

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