-Financial -Quality -Human resources
Q: Provide examples of how management accounting systems might be modified to enable an organisation to…
A: Answer: Management accounting systems is the system or process where the senior management analyze…
Q: Which of the following is not an aspect of action control? Select one: O a. To define objectives O…
A: Action control refers to controlling activities within an organization to achieve the desired…
Q: A__________________ is one that is prepared with the full cooperation and participation of managers…
A: Budget: Budget is an effective tool to achieve the financial and operational goals of the business.…
Q: Give two examples of nonfinancial measures of internal-business-process quality.
A: Quality: Quality is the special trait possessed by a product that satisfies the needs and wants of…
Q: Define goal congruence, and explain why it is important to an organization’s success.
A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…
Q: What are the goals of a performance evaluation system?
A: Performance Evaluation System: Performance evaluation system is a system used to examine…
Q: Management Accounting areas which are normally related to the accounting and finance functions may…
A: Management Accounting areas include: Financial strategy Cost management Project management Internal…
Q: Describe the relationship between capacity planning and location and their importance nto the…
A: Capacity planning and location decisions are critical to the organization's effective and smooth…
Q: Cost centres is a. Amounts of expenditure attributable to various activities b. Units of product or…
A: cost centre is a department within a business to which costs can be allocated..... Cost centre is…
Q: Mechanisms used for reporting non-compliance and identifying risk issues can include which of the…
A: Answer: Balance scorecard is the management tool that can help identify the shortcomings of the…
Q: Risk management program should be intertwined with organizational strategy.
A: Risk management can be defined as the process of identifying, analyzing, and accepting or mitigating…
Q: Function of human resources management
A: Solution- Human resource management (HRM) is nothing but managing human resources. it's the policies…
Q: Some of the things that are the responsibility of the operational sector are capacity planning.…
A: Capacity planning refers to a process for determining whether the production resources like…
Q: The purpose of human resource management is to ensure employees are selected, used and developed in…
A: The answers for the True or false questions and relevant explanation are presented hereunder :…
Q: Three phases of the management process are controlling, planning, and decision making. Match the…
A: Definition:Controlling: Like planning, organizing, staffing and directing, Controlling is one of the…
Q: Which one of the following is related to the planning function of management: a. Establishing goals
A: Overhead rates refers to the cost allocated to the production of a product or a service required by…
Q: Organization Structure refers to a. Making necessary arrangements for procuring required manpower…
A: Organization structure means the layer of organization where every duties and responsibility of each…
Q: xplain with examples the qualitative characteristics of financial statement that would made…
A: The primary aim of financial statements seems to be to inform stakeholders regarding their…
Q: Briefly explain the relationship between the organisation's mission statement and performance…
A: The financial position of the company can be arrived from the income statement prepared by the…
Q: Another term used for performance audit is * a. Agency activity audit b. Value for money audit c.…
A: A performance audit s an independent assessment of an entity's operations to determine if specific…
Q: That event of management's desired objectives is an example of:
A: Efficiency: Efficiency is the ability to accomplish the result with the usage of the least amount of…
Q: The basic components of an organization's internal control are: Select one: a.…
A: Internal control is a system of organizing the company in which a set of rules, policies, and…
Q: Describe the critical factor in evaluating whether a performanceobligation is satisfied.
A: Performance Obligation: Performance obligation means a promise to transfer goods or services.
Q: organization to achieve the project objectives. The role of a project manager is distinct from a…
A: Since we answer one question, we will answer the first question. Please resubmit the question.…
Q: A program refers to a collection of projects or programs and other work that are grouped together to…
A: The questions are multiple choice questions. The question is related to Program , Project and…
Q: The management function of organizing and directing is mainly concerned with setting goals and…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: explain the roles of integrated reporting in the following aspects: a. Providing information that is…
A: Integrated reporting is conducted by organization to communicate strategy, plan, Governance or…
Q: Explain how management accounting systems can be adapted to enable an organization to engage in…
A: Companies interact their performance and impacts on a wide range of sustainability topics, including…
Q: Foster the planning of operations, provide a framework for performance evaluation, and promote…
A:
Q: In the value chain, primary activities are: a. Directly involved in the production, marketing and…
A: Answer: The correct option is Option (a).
Q: brenchmarking to improve an organizations performance
A: Benchmarking is the method of fixing standards for evaluating the performance of the business entity…
Q: Which of the following terms is used to describe the process of developing the organization’s…
A: Improving process: it is a process of identifying and analysing of existing process improving them…
Q: keholders determine what are viable sources of information regarding organizational effectiveness…
A: Step 1 The efficiency with which an organization can fulfill its objectives can be defined as…
Q: 1. Explain the Diagram provided below base on your understanding of the concepts of Auditing.…
A: Auditing means to check the actual facts and figure on the financial statements as per the standards…
Q: Define the management assertions of existence or occurrence, completeness, rights and obligations,…
A: Management assertion is the declaration by the management about the content of the financial…
Q: Define a management control system and identify the issues involved with the design of a successful…
A: Management: It is a set of activities likes planning, organizing, controlling the human resources…
Q: Which of the following is the correct sequence of activities in the systems development life cycle?…
A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…
Q: valuate the key elements of a human resource management strategy.
A: HRM strategy is a plan that lead to the implementation of a company's human resources department's…
Q: Classify the following activities as per value chain analysis: 1.Communication, pricing and channel…
A: Value chain analysis are classified in two types of activities namely primary and secondary…
Q: It is a process needed in financial planning that examines the objectives using the individual's…
A: Financial planning is very important for the personal finances and to have comfort in life.
Q: Accountants should be involved in the detailed design and implementation of the system development…
A: The following are the stages of a system development life cycle (SDLC):- Planning Analysis Design…
Q: Assess the objectives of financial management and the role of different stakeholders in an…
A: Introduction: Financial management is nothing but managerial practice engaged in managing and…
Q: Three phases of the management process are planning, directing, and controlling. Match the following…
A:
Q: good performance measurement system will align the goals of management with ________.
A: Performance measurement is used by the managers in order to make decisions that will be an advantage…
Q: Provide examples of critical customer and operational performance metrics that may be included in an…
A: Introduction: The performance measures discussed have exclusively relied on financial accounting…
Q: Which SDLC stage is being performed? Writing operating procedures manuals Developing program and…
A: Computerized accounting includes using the computers and accounting software for recording, storing…
which are the performance measures necessary to implement and guarantee the proper functioning of the operations considering the following aspects:
-Financial
-Quality
-Human resources
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Which of the following is defined as comparing actual performance to planned performance and determining whether corrective action is needed? OA. Training OB. Organizing OC. Performance forecast OD. Directing OE. EvaluatingSome of the things that are the responsibility of the operational sector are capacity planning.Describe operational management functions in capacity planning.Goal congruence in well-designed performance measurement systems best explains a congruence between ________. A. employees and the company B. strategic plans and the future C. decisions and outcomes D. feedback and measurement
- What is operational feasibility and what problems must management address to achieve it?Another term used for performance audit is *a. Agency activity auditb. Value for money auditc. Program implementation auditd. Regulation compliance auditWhich of the following element is part of the controlling function? O a. Coordinating the functions of all departments. O b. Taking corrective measures to bring actual performance closer to standards. O C. Formulating and implementing suitable personnel policies in the organization. O d. Delegation of authority to the respective departments.
- Function of human resources managementClassify the following activities as per value chain analysis: 1.Communication, pricing and channel management 2.Installation, repairs & replacement 3.Planning and management 4.Infrastruacture of the companyIdentify and Classify the following activities as per their respective categories under Value Chain Analysis: 1.Communication, pricing and channel management 2.Installation, repairs and replacement 3.Planning and management 4.Inputs in to final product
