1. Management Accounting - Measue Of Qualitive Plans And Controls
Synopsis Accounting for the qualitative aspects of manager's plans and controls are vital to the overall assessment of any organisation. A method of measuring the qualitative aspects of a manager's performance is known as "responsibility accounting". Most organisations are divided into smaller sub units or departments. Responsibility accounting refers to "tools and concepts used to measure the performance of an organisation's people and sub units." To begin with, each department is assigned a responsibility ... the revenue generated from the department. An example of this would be the sales t...
- Word Count: 1429
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate