COST ACCTOUNTING LOOSE W/SOL.MANL
COST ACCTOUNTING LOOSE W/SOL.MANL
15th Edition
ISBN: 9781323164174
Author: Horngren
Publisher: PEARSON
Question
Chapter 1, Problem 1.22E
To determine

Planning and Control Decision:

Planning decisions involves selecting organization goals, estimating results under different alternative ways to attain those goals, and deciding how to achieve the expected goals. It involves communicating the goals and how to attain them to the entire firm.

Control decisions involve taking actions to implement planning decisions, and deciding on how to evaluate performance and providing feedback and learning to improve future decision making.

To state: Whether the given actions are planning decisions or control decisions.

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