=+Accountant: That's quite right. The heavy development costs can only be recouped by se11ing a large number of efficiently manufactured products. But although dose budgeting control is needed in the factory, it doesn't seem to work in Rand D and Marketing. What sort of system can I design that will be suitable for everybody?

Required:

Outline the control problems faced by each manager and suggest how the content of the seminar might be relevant to designing a management control system for the whole company.

From: Certified Diploma in Accounting and Finance, Paper 2, June 1983.