What are the two primary reasons organizations use nonfinancial measures in addition to financial measures for control

Question:

What are the two primary reasons organizations use nonfinancial measures in addition to financial measures for control purposes?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

See More Books

Question Posted: Mar 19, 2014 10:58 AM

See More Questions

What are the two primary reasons for those starting a new venture to write a business plan?
What are the two primary purposes of internal controls?
What are the two primary purposes of export packing?
in an armicie entitled Fuel Economy Calculations tio Be Alteted lames Healey indicated that the goermnt planned to change how it caleulates fuel economy for new cas and trucks Thia in the first...
A circular bar AB with ends fixed against rotation has a hole extending for half of its length (see figure). The outer diameter of the bar is d2 = 3.0 in. and the diameter of the hole is d1 = 2.4 in....
The lengths of the legs of a right triangle are given. Find the hypotenuse. a = 14, b = 48
1. DiversCo, a large U.S. company, operates in two areas: energy and retail clothing. You observe an analyst report that valuesDiversCo using multiples analysis based on a peer group of other large...
Managers of Tom Brown Distributors are evaluating the compensation system for the company's sales personnel. Currently, the two salespeople have a combined salary of $60,000 per year and earn a 3%...
Sherwin Williams will receive $19,000 a year for the next 17 years as a result of a picture he has painted. calculate your final answer using the formula and financial calculator methods. What is the...
The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summary of the sources and uses of cash (sources of cash are added, uses of...
What is an input quantity variance?
What is the appropriate measure of value for long-term decisions?
1. Assume you are a manager working at the New York Times headquarters. Based on the current changes taking place at the newspaper, which of Henri Fayols 14 principles of management would be most...
Anna feels paralyzed by depression and anxiety. When she is able to sleep, her dreams are full of nightmares. If we learn that Anna is a refugee from the civil war in Syria: a. we can better...
PART 1 (35 MARKS) A pressure vessel is a specialized container designed to hold gases or liquids at significantly high pressures from the ambient pressure. These vessels play a critical role in...
EV9-1 Normal TIME TIME A 1x A TIME A Activity Normal Normal Maximum Crash Time Cost Crash Time Cost 100 A B C D E F B 3 C 4 B C B 1 3 4 3 4 3 150 200 200 200 150 D3 E 4 E D E 0 2 1 1 2 1 LL 3 F F 0...
Question 1: You overheard your investment advisor saying, "Don't put all the eggs into the same basket. Explain the meaning of this statement. Explain three (3) reasons of why your investment advisor...
* * Audit Procedures for Auditor's Responsibility for Risk Assessment * * In auditing, risk assessment is a critical phase where auditors identify and evaluate risks that may impact the financial...
Investments in Bonds and Stock Vermont Corp. enters into the following transactions during 2008: July 1: Paid $10,000 to acquire on the open market $10,000 face value of Maine bonds. The bonds have a...
The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...
Use the following information to answer question. You are given the following return information for 3-month T-bills, the NYSE Index, Chrysler, Ford, and GM for the 3-year period from January 1985...
The following excerpt is from a conversation between Boris Harris, the president and chief operating officer of Chesapeake Company, and his neighbor, Neil Liven. Neil: Boris. Im taking a course in...
Anwar Askari is planning to manage and operate AA Caddy Service at Mission Valley Golf and Country Club during June through August 2012. Anwar will rent a small maintenance building from the country...
The increasing complexity of the current business and regulatory environment has created an increased demand for accountants who can analyze business transactions and interpret their effects on the...
Suppose I have computed the cost of carbon per mile for my car at 0 . 0 1 2 per mile. Assume that the interest rate is 4 % and that I drive the car 2 8 , 0 0 0 miles per year. What is the present...
Imagine that in stable growth period, the firm earns ROIC of 10% and has after tax EBIT of 200 and reinvestment $ of 40. What is the steady state growth rate? 20% O 10% 2%
Tanner-UNF Corporation acquired as a long-term investment $160 million of 5.0% bonds, dated July 1, on July 1, 2021. Company management has the positive intent and ability to hold the bonds until...

What are the two primary reasons organizations use nonfinancial measures in addition to financial measures for control

Question:

Step by Step Answer:

The two primary reasons organizations use nonfinancial m...View the full answer

Managerial accounting

Students also viewed these Managerial Accounting questions