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Lecture Managerial accounting (14/e) - Chapter 9: Flexible budgets and performance analysis
This chapter explores how budgets can be adjusted so that meaningful comparisons to actual costs can be made. This chapter include objectives: Prepare a flexible budget, prepare a report showing activity variances, prepare a report showing revenue and spending variances, prepare a performance report that combines activity variances and revenue and spending variances, prepare a flexible budget with more than one cost driver, understand common...
22 p fbu 23/06/2016 153 2
Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Flexible budgets, Performance analysis
Managers in large organizations have to delegate some decisions to those who are at lower levels in the organization. This chapter explains how responsibility accounting systems, return on investment (ROI), residual income, operating performance measures, and the balanced scorecard are used to help control decentralized organizations.
15 p fbu 23/06/2016 185 2
Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Performance measurement, Decentralized organizations
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