1. describe the relationship of management control systems to organizational goals

2. use responsibility accounting to define an organizational subunit as a cost centre, a

profit centre or an investment centre

3. explain the importance of evaluating performance and how it impacts motivation,

goal congruence and employee effort

4. explain the term transfer prices and identify their purposes

5. Advantages and disadvantages of basing transfer prices on total

cost, variable cost and market prices

Define transfer prices