How can management accountant help improve quality and achieve timely product deliveries?

Q: what is the role of performace management techniues in improving organizational performance

A: Performance management involves the process by which the set of activities to be done by the…

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: Explain how the firm repair service effort impact customer satisfaction.

A: A measurement which indicates the level at which customer receives highest utility with the product…

Q: Which of the following is not a qualitative decision that should be considered in an outsourcing…

A: Outsourcing refers to receiving of services from another company in order to fulfill out company…

Q: Evaluate and Integrate the role of quantitative information in making business decisions.

A: Quantitative studies are all about numbers. It makes use of mathematical evaluation and facts to…

Q: In the field of cost accounting, one of the most critical decisions made by a manager is the type of…

A: Choosing the type of technology that the organisation will use to produce its products or deliver…

Q: examine the financial management function of manufacturing companies and demonstrate the essence of…

A: Financial management involves activities like planning, executing, and directing people and…

Q: a. Business decisions rely on certain characteristics which are based on intelligent and…

A: Hi student, you have asked multiple non-related questions in one go which is not appropriate. So,…

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: How can management accountants help improve quality and achieve timely product deliveries?

A: Management accountant perform various functions like analysis cost, business processes to identify…

Q: financial management

A: Finance is a key element in the organization. We need finance for managing our day-to-day operations…

Q: is commonly suggested that a management accounting system should be capable of supplying different…

A: Solution-                                                              Costs , their purpose and…

Q: Explain why knowledge of cost behavior is useful in product performance evaluation.

A: Definition: Product performance: Product performance indicates how well the product is flourishing…

Q: What level of importance do product costs play in the business process? what kind of management…

A: Product cost: Cost incurred to produce a product is called product cost. It includes the cost of…

Q: Discuss the difficulties associated with manual cost accounting and how the organization may improve…

A: Various difficulties associated with manual cost accounting system are as under : a.) Manual entry…

Q: Explain the Role of Perfomance Management Techniques in improving Organizational Performance.

A: The Role of Performance Management Techniques in improving Organizational Performance are discussed…

Q: Why is knowledge of cost behavior important for managerial decision making? Give an example to…

A: Meaning of Managerial decision making  Every organization have the planned goals which are to be…

Q: What is the nature of cost management and how beneficial it is for the business?

A: Introduction:   Cost management is the process of planning and controlling a business's running…

Q: w product cost information is use

A: Product Cost: Product costs are costs that are incurred to make a product that's intended available…

Q: To carry out their analysis, planning, implementation, and control responsibilities, marketing…

A: Marketing intelligence is defined as the data, which is relevant to marketing efforts of the…

Q: Cost and Costing, as well as the importance of calculating costs in product management, may be…

A: Cost refers to the value of money that has been used to produce or manufacture something. It can…

Q: What is the similarities and defference between cost accontant, management accountant and fanincial…

A: Cost accountant deals with ascertainment, allocation, recording and analysis of accounting data. It…

Q: Knowing how costs behave to change in the level of activity is useful to management for all the…

A: Customer demand cannot be predicted by paying attention to how costs change when activity changes.…

Q: What are the factors of incremental analysis such as relevant costs, opportunity costs, and sunk…

A:

Q: Is Standard costing still a useful tool for the Management accountant? How could it be adapted to…

A: Costing Accounting- A cost accounting system is a type of perpetual inventory accounting system that…

Q: How would a knowledge of cost behavior patterns such as those above be of help to a manager in…

A: The question is based on the concept of cost determination and the behaviour in the cost budget. A…

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

A:

Q: Why should accountants participate in product design

A: Product design is a process through which the designers of a company assist in designing of products…

Q: the uses of cost information in decision making to managers

A: Cost: It is a value related to the product that determines its purchasing value. A cost, in general,…

Q: Based on the assignment and what you know about management accounting, what do you believe is the…

A: Management accounting :             The branch of accounting which facilitates the information from…

Q: What is supply-chain analysis, and how can it benefit manufacturers and retailers?

A: Describe a supply chain analysis.   A supply chain refers to a network between the organisation and…

Q: How we are going to use Managerial Accounting in practical life?

A: Managerial Accounting:- It is a practice of accounting that helps managers or management to provide…

Q: Discuss The impact of applying an Activity-Based Costing System on the businesses' financial and…

A: What is Activity-Based Costing? Activity-based costing ABC is a method for assigning costs to…

Q: how is focusing on costumer value changing managerial accounting?

A: Customer is the person or firm which procures the goods or avails the services from the business.…

Q: How does the operations manager use the production report to make business decisions?

A: The production report is the report which outlines the number of units produced, the cost of…

Q: how important does the owner /manager believe cost information is the success of the business?

A: Cost accounting is an accounting system which provides information about all the costs incurred in…

Q: Why is knowledge of cost behaviour important for managerial decesion making ? Give an example to…

A: The company's motive will be to increase the profitability. The profitability of the company can be…

Q: Management accountants help the management of an organization in their planning function through…

A: Management accountant is entrusted with the task of converting financial data into useful…

Q: Describe how product cost informationis used by managers to identify cost improvement opportunities?

A: Product Cost: The phrase "product cost" is an accounting word that refers to the overall expenses…

Q: Assume you are the manager of the finished goods warehouse of a computer manufacturer. Which…

A: Balanced scorecard:   A balanced scorecard is a strategic management performance metric used to…

Q: The term Supply Chain Management refers to: Designing a product Designing, producing and delivering…

A: Supply chain management refers to the flow of goods right from procuring the raw materials to…

Q: How do organizations use pay for performance to motivate managers?

A:

Q: What considerations should managers make when deciding whether to sell a product as-is or after…

A: One of the decisions related to the product is to sell or process further. There are certain factors…

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…