Question
In the following situation, identify whether the setting is primarily financial accounting or managerial accounting. BNSF Railway was experiencing an increase in demand for information
In the following situation, identify whether the setting is primarily financial accounting or managerial accounting.
BNSF Railway was experiencing an increase in demand for information technology resources even though, overall, the companys business wasnt growing. In an effort to understand the technology groups operations, Chief Information Officer Jeff Campbell developed a balanced scorecard for the IT group. Among the measures he tracked were monthly performance against operating budget, percentage of projects delivered on time, employee absenteeism, and internal rate of return on IT projects. Now everyone in the company understands how much it costs to provide the technology support for a particular business application. (Source: Meredith Levinson, Why You Keep Score, CIO.com, July 19, 2007, http://www.cio.com/article/124652/CASE_STUDY_3_Why_You_Keep_Score)
A) The focus is primarily Financial | ||
B) The Focus is Primarily Managerial
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