Why do a companys operators/workers, managers, and executives have different informational needs than shareholders and external suppliers

Question:

Why do a company’s operators/workers, managers, and executives have different informational needs than shareholders and external suppliers of capital?

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

Step by Step Answer:

Related Book For book-img-for-question

Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

See More Books

Question Posted: Oct 30, 2011 10:40 AM

See More Questions

Why do executives and managers spend more time listening than do workers?
Why do managers need to assess the internal and external environment as part of the strategy development process? What key takeaways do you believe should be the result of this analysis?
Do workers on different shifts get different amounts of sleep per week? Some people believe that shift workers who regularly work the graveyard shift (12:00 A.M.to 8:00 A.M.) or swing shift (4:00...
Q5] A firm has reported a profit of Rs.1,47,000 for the year ended 31-3-2014 after taking into consideration the following items. (i) The cost of an asset Rs.23,000 has been taken as an expense (ii)...
Kruger Corporation sells construction equipment to a customer for $50,000. The equipment comes with a standard 2-year warranty covering any repairs that are required during that time. It does not...
An aqueous solution is 1.00% NaCl by mass and has a density of 1.071 g/cm 3 at 25 C. The observed osmotic pressure of this solution is 7.83 atm at 25 C. a. What fraction of the moles of NaCl in...
What are organic and mechanistic forms? LO.1
Marston Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada. The agents are currently paid an 18 percent commission on sales; that...
All of the followings are able to reduce the total interest payment over the entire life of a fixed rate mortgage (FRM) loan EXCEPT _____. Group of answer choices a. Adopt a bi-weekly payment...
Colton Enterprises experienced the following events for Year 1, the first year of operation: 1. Acquired $35,000 cash from the issue of common stock. 2. Paid $12,000 cash in advance for rent. The...
What is management accounting?
Why may financial information alone be insufficient for the ongoing informational needs of operators/workers, managers, and executives?
What are the difficulties inherent in offering different WLB options to different groups of employees? Is it better to have a one size fits all approach?
What makes a set of objects a vector space? You will no doubt want to refer to notes and the text, but I'd like you to summarize it for starters. If you have identified a vector space, for example...
Walla Walla Company is in its planning stage for next year. Walla Walla expects a big Quarter 3 and is creating a production budget to determine if it needs to hire more employees. Walla Walla knows...
Task: P9 P9a P9b P9c P9d Describe the principles and applications of electromagnetic induction Describe using a series of bullet point statements, how transformers work and how their operation...
Based on the given information, analyse company's financial health and provide future projections. Unit FY16 FY17 FY18 FY19 Sales Rs. Cr 134 245 371 1,159 PAT Rs. Cr (281) (585) (78) (571) Assets Rs....
OBJECTIVE QUESTIONS 1. In each of the following only one statement/item is correct. State which. (i) Financial Accounting helps in (a) ascertaining the financial position of the concerned firm, (b)...
Do a little research on its website and elsewhere to get a sense for the evidence about how it performs on the Score Cards criteria for innovativeness.
Halley's comet travels in an ellipti- cal orbit with a = 17.95 and b = 4.44 and passes by Earth roughly every 76 years. Note that each unit represents one astronomical unit, or 93 million miles. The...
The European chemical industry pays for an estimated 79% of its oil based feedstock in dollars. Thus, its costs are declining sharply because of the drop in the price of oil combined with the sharp...
Use the following table to calculate project schedule variance based on the units listed. (Figures are in thousands.) Schedule Variance Work Units Total 20 15 10 25 20 20 110 Pianned Value Earned...
Using the data in the table below, complete the table by calculating the cumulative planned and cumulative actual monthly budgets through the end of June. Complete the earned value column on the...
Assume you have collected the following data for your project. Its budget is $75,000 and it is expected to last four months. After two months, you have calculated the following information about the...
why would an auditor want to complete dual-purpose tests? what procedure can be put into place to help prevent fraud? List 4 procedures.
Based on the following information, calculate sustainable growth rate for Groot, Inc.: Profit margin= 7.1% Total asset turnover = 1.90 Total debt ratio = .45 Payout ratio = 20% What is the ROA here?
Consider the following: a call option on a stock has strike price $100, premium of $5 and the current price of the underlying stock is $100. If you buy the call option today, what is your holding...

Why do a companys operators/workers, managers, and executives have different informational needs than shareholders and external suppliers

Question:

Step by Step Answer:

A companys operators managers and executives need information for their operational control and impr...View the full answer

Management Accounting Information for Decision-Making and Strategy Execution

Students also viewed these Managerial Accounting questions