Discuss how break even analysis can aid management in decision-making.

Q: Is nonfinancial information ever useful in managerial decision making?

A: Yes. Non-financial information is also useful in case of managerial decision making. There are three…

Q: List two ways managers can use ABM to make decisions.

A:

Q: How is sensitivity analysis used to cope with uncertainty in decision making?

A:

Q: How does organizational dissonance influence ethical leadership and decision making?

A: Ethical leadership can be defined as leadership to achieve relevant target in context of ethical…

Q: discuss how to solve the problem of strategic management accounting.

A: Introduction: Accounting for Strategic Management. In 1981, the term strategic management accounting…

Q: Which is NOT included as concept or aspect of management? a. It is concerned with all kinds of…

A: Correct answer is option (d) It applies only to top level management.

Q: Discuss and explain the difference between

A: Parameters of Comparison Horizontal Analysis Vertical Analysis Definition It takes into…

Q: The Role of Perfomance Management Techniques in improving Organizational Performance

A: Performance management techniques refers to the mechanism which is used for tracking the performance…

Q: why do managers use IRR for strategic decison more than NPV?

A: Capital Budgeting tools and techniques help managers appraise investment opportunities.  It is…

Q: The limitations of ratio analysis as a tool for strategic decision making

A: It is frequently required to compare the performance of a company or multiple organisations across…

Q: “CVP analysis is both simple and simplistic. If you want realistic analysis to underpin your…

A: CVP analysis refers to the cost-volume-profit analysis which describes the change in the operating…

Q: Which of the following is NOT one of the limitations of Management Accounting? Select one: a. Lack…

A: Management accounting is one form or branch of accounting which says that management takes decisions…

Q: Explain how sensitivity analysis helps managers cope with uncertainty

A: Definition:

Q: List the common biases and errors in decision-making. Provide suggestions for how to avoid falling…

A: There are many errors and biases inn decision making such as.1.Overconfidence Bias2.Anchoring…

Q: Describe how a Project Manager can draw in a crucial but less supportive stakeholder?

A: Project management is the process in which the efforts of a team or a group of people are directed…

Q: What is sensitivity analysis? Why is it important for managers?

A: Sensitivity analysis:  This is a technique that is used for measuring and examining the reason used…

Q: If management control and strategic planning decisions do not receive a high level of support from…

A:

Q: Chose the correct explanation of verifying the decision from the following: Select one: O a.…

A: Decision making process is defined as the process, which used to involve the identification of the…

Q: Which of the investment constraints is expected to have the most impact on your decision process?…

A: Investment constraints: These are the conditions that limit or restrict an investor's investment…

Q: Discuss the difficulties in using breakeven analysis by managers in decision-making.

A: Breakeven analysis is a tool used to analyze the profitability of a new service or product.…

Q: Identify instances for which feedback becomes useless in helping to control activities.

A: Definition: Internal Control: Internal control refers to the plan of a company. Implementation of…

Q: Explain Management’s discussion and analysis.

A:

Q: Explain what is meant by the term decision model.

A: Every business has to take important decisions now and then. A proper understanding of the situation…

Q: Distinguish between qualitative and quantitative decision analys

A: As per the guidelines, only one question is allowed to be solved so I am answering the 2nd question…

Q: Which of the following is not an advantage of budgeting? a) Forces managers to plan b) Provides…

A: Budget: A budget is an estimation of revenue and expenses over a specified period of time and is…

Q: How can you tell the difference between planning and control decisions

A: The difference between planning and control decisions will be shown:

Q: discuss how critical thinking skills will make you less likely to be influenced by arguments that…

A: The fallacies are the wrong move a person takes instead of a rational judgment. They may be…

Q: How does the reward system for a strategic-based system differ from the traditional approach?

A: Strategic-based performance management system: A strategic-based performance management system turns…

Q: What issues should managers consider when making capitalstructure decisions?

A: Introduction: Capital structure is nothing but the debt and securities that are included in the…

Q: describe the connection between the management process planning, feedback, controlling? take an…

A:

Q: If a MARR is given by management, which means that decision makers would like a ROR: Select one: O…

A: Rate of return means the percentage of profit we get from any project and MARR means the minimum…

Q: How can conflicts arise between the decision model used by a manager and the performance evaluation…

A: Upper management experiences a continuing struggle: ensuring that lower-level managers' performance…

Q: Which of the following is one of the limitations of Management Accounting? Select one: a. Existence…

A: Management accounting is a form or branch of accounting, under which management takes decision on…

Q: Which of the following is one of the limitations of Management Accounting? Select one: O a. Lack of…

A: Management accounting is used by organizations to prepare budgets and estimates for the future. It…

Q: What are two examples of the types of management issues that can be addressed by cvp analysis?

A: CVP or Cost-volume-profit analysis is a cost accounting method of analysing the effect of cost and…

Q: The process of choosing among competing alternatives is called a. planning.b. decision making.c.…

A: Planning represents the process of identifying goals and plan to achieve those goals. Controlling…

Q: Define lean accounting.

A: Lean Accounting: Lean accounting represents amendments to be made to a company's management of…

Q: The underlying theme of the conceptual framework is: a. decision usefulness.  b. understandability.…

A: CONCEPTUAL FRAMEWORK DESCRIBE HOW THE INFORMATION SHOULD BE PRESENTED AND DISCLOSED IN FINANCIAL…

Q: Explain what is meant by the decision pattern ?

A: Decisions patterns is how decisions are made what is psychology behind the decision making.

Q: 15) When managers use the decision process to make decisions, what is the output after using the…

A: Ans.1 correct option B Decision. When we use the decision process to make decision. The output after…

Q: Explain how managers use CVP analysis in decision making

A: Full for of CVP is Cost- Volume- Profit Analysis. It is that method of cost accounting that studies…

Q: Adequate project controls like SPI and CPI have the advantages of a. holding people accountable b.…

A: CPI refers to Cost Performance Index. It is a measure of amount of work done for each unit of cost…