Explain how ad hoc reports have allowed managers to make more timely and better quality decisions. Give an example.

Q: Discuss how the strategic management accounting technique target costing could offer Green…

A: Target costing is a strategic cost management technique, it helps in cost reduction of the entity…

Q: “Companies should focus on nancial measures of quality because these are the only measures of…

A: Quality: Quality is the special trait possessed by a product that satisfies the needs and wants of…

Q: The internal business process perspective of a balanced scorecard may contain which of the following…

A: Balance Score Card measures the business from four different perspectives. 1) Financial Perspectives…

Q: What advice would you give Tyler Company for improving its performance measurement system?

A: Strategic Performance Measurement System: Strategic performance measurement system is an approach…

Q: Explain the role of benchmarking in evaluating managers.

A: Performance evaluation:   Performance evaluation refers to the process of assessing how an…

Q: What is an industrial value chain? Explain why a firm’s strategies are tied to what happens

A: Industrial value chain: An industrial value chain refers to a linked set of value-causing operations…

Q: Explaining why companies use performance evaluation systems Well-designed performance evaluation…

A: Performance Evaluation System:   Performance evaluation system is an approach widely being followed…

Q: Explain how sensitivity analysis helps managers cope with uncertainty

A: Definition:

Q: Describing the balanced scorecard and identifying key performance indicators for each perspective…

A:

Q: Project managers expect change and implement processes to keep change managed and controlled. * True…

A: We exist in a world whereby "business as usual" seems associated with change. New proposals, working…

Q: what quantitative/qualitative factors would you use for performance management?

A: Note: Since you have posted multiple questions, we will solve the first question. Please submit a…

Q: Explain why it is important in performance evaluation to distinguish between investment centers and…

A: Return on investment (ROI): Return on investment evaluates how efficiently the assets are used in…

Q: The matching concept helps managers provide for more effective operations because

A: Matching concept in accrual accounting states that the income should be recognised as soon as they…

Q: How can D. Corporation go about designing a good performance report?

A: Performance report is the report which is prepared by the firm in the end the end of the reporting…

Q: Explaining why companies use performance evaluation systems Well-designed performance evaluation…

A: Performance evaluation system is an approach widely being followed in the organizations to analyze…

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: describe motivations that might cause management to issue fi nancial reports that are nothigh…

A: The reports that are prepared by the management of to represent the financial performance of a…

Q: Discuss the different variables of CAPM. How would a manager use it in decision making?

A:

Q: The benefits of management accounting information include:   a. More effective planning b. All of…

A: management accounting -  Management accounting helps managers in making operational decisions, helps…

Q: The objective of Responsibility Accounting is to evaluate performance and provide a feedback so that…

A: Responsibility accounting falls within the realm of management accounting wherein the accounting…

Q: A good performance measurement system should have the following characteristics: It should be based…

A: Good performance measurement must be established because the absence of a good performance…

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: In your opinion, where should companies spend most of their quality funds: on prevention,…

A: Firstly we need to understand following Costs: Prevention costs: These are incurred in preventing…

Q: Which of the following is not a goal of performance evaluation systems? Promoting goal congruence…

A: Answer:

Q: Why is it important for a manager to receive frequent feedback on his or her performance?

A: Feedback refers to the review of the prior action of an individual by another individual thereby…

Q: How are passion, consciousness, and product quality part of the product management process at…

A:

Q: Managerial accounting

A: Managerial accounting provides information to managers for making decisions internally. It is the…

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

A: Answer: According to data - Today organizations find themselves in the race to use new technologies…

Q: Feedback from the control function helps managers compare actual results with planned results and…

A: Business wants to grow and check the progress every-time and for that the comparison is necessary to…

Q: Explaining why companies use performance evaluation systems Well-designed performance evaluation…

A: Performance Evaluation:   Performance evaluation system in an organisation provides a guide to the…

Q: What is sensitivity analysis? How do managers use this tool?

A: Sensitivity Analysis: Sensitivity analysis, also referred as what-if analysis, is a method to…

Q: Would you change a performance appraisal to reflect more positively on an individual whose…

A: Performance appraisal are one of the most important aspects of management, but they are also one of…

Q: Discuss how the strategic management accounting techniques Just-in-time and the Theory of…

A: Strategic Management Accounting: It refers to that branch of management accounting in which more…

Q: What are relevant revenues and cost delays? 2- How do managers use financial and nonfinancial…

A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…

Q: Give two examples of nonfinancial measures of customer satisfaction relating to quality

A: Non Financial measures are the quantitative numbers on which you cant assign any monetary value but…

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…