Why does decentralization create the need for responsibility accounting in an organization?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (21 reviews)
To conclude we can say that when managers are given dec...View the full answer
Answered By
Rodrigo Louie Rey
I started tutoring in college and have been doing it for about eight years now. I enjoy it because I love to help others learn and expand their understanding of the world. I thoroughly enjoy the "ah-ha" moments that my students have. Interests I enjoy hiking, kayaking, and spending time with my family and friends. Ideal Study Location I prefer to tutor in a quiet place so that my students can focus on what they are learning.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0077826482
3rd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
1. Explain how centralized and decentralized companies dif-fer. What are the advantages and disadvantages of each! 2. Why does decentralization create the need for responsibil-ity accounting in an...
-
Develop brief answers to each of the following questions: 1. Why does a decrease in receivable turnover create the need for cash from operating activities? 2. Why would ratios that include one...
-
Why does a decrease in receivables turnover create the need for cash from operating activities?
-
For the planning process, it is helpful to have employee census information for Question 3 options: a) at least the last five years and projections for the future. b) all current employees younger...
-
Four different proprietorships, M, N, O, and P, show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of owners equity, are summarized as follows:...
-
A nonuniform, but spherically symmetric, distribution of charge has a charge density p (r) given as follows: Where P0 is a positive constant (a) Find the total charge contained in the charge...
-
Which of the following statements are true of long-term investments? a. They are held as an investment of cash available for current operations. b. They can include funds earmarked for a special...
-
Redwood Company sells craft kits and supplies to retail outlets and through its catalog. Some of the items are manufactured by Redwood, while others are purchased for resale. For the products it...
-
Baker Electronics expects net cash flow from operating activities to be $200,000, and the company plans cash purchases of equipment of $60,000 and repurchases of stock of $5,000. What is Baker's free...
-
Victoria Lee Company had the following adjusted trial balance. Instructions (a) Prepare closing entries at June 30, 2017. (b) Prepare a post-closing trialbalance. VICTORIA LEE COMPANY Adjusted Trial...
-
Suppose Acore Pharmaceuticals has four sales representatives assigned to the State of Arizona. These sales reps are responsible for visiting physicians in their assigned area, introducing the...
-
Identify which perspective(s) of the balanced scorecard each of the following critical success factors relates to by placing an X in the appropriate cell. Each success factor could relate to more...
-
Consider a pair of random variables X, Y with joint density fX,Y(x, y) = 8e-2x-4y, for 0 < x,0, < y, And fX,Y (x, y) = 0 otherwise. Find P(X 4,Y 8).
-
What do you think of the gainsharing plan that Harrah's has implemented? How does an employee make more money? How much more money can they make? Is the gainsharing plan motivating employees to...
-
How do power dynamics within an organization affect employee empowerment and autonomy, and what are the best practices for creating a balanced power structure ?
-
In thinking about management and incentive structures: What recommendations do you have for the Responsible Innovation team as they seek to better embed responsible innovation within employees'...
-
How do multinational companies adapt their corporate governance procedures and decisions to accommodate the different national and regional regulatory requirements and business ethics? Requirement: I...
-
How do "complexity theory" and the concept of "emergent properties" inform our understanding of organizational dynamics, particularly in the context of nonlinear interactions and unpredictable...
-
In Chapter 13, you learned that entropy, as well as enthalpy, plays a role in the solution process. If H for the solution process is zero, explain how the process can be driven by entropy.
-
During the year land was revalued and the surplus reported as Revaluation surplus; and an asset costing 80,000, written down to 38,000, was sold for 40,000. Identify the cost of any non-current...
-
What two methods can be used to prepare a process costing production report? What is the key difference between them?
-
What are the steps in preparing a FIFO production report? Are they different from the steps to prepare a weighted-average production report?
-
Briefly describe the differences between job order and process costing. Give an example of a type of company that would use each one.
-
question 1- You borrow a simple loan of SR 500,000, interest rate is 20%, it matures in one year. what's the yied to maturity? question 2- calculate_i for One-Year Discount Bond with price(p) =...
-
Taste of Muscat is a reputed chain of restaurants operating in Oman. Assume You are working as a management accountant for this restaurant chain which is specialized in all types of Arabic food. Your...
-
Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current...
Study smarter with the SolutionInn App