Management accounting questions
- determine two (2) ways in which managers can use accounting information to help control the daily operations of their companies. Provide two (2) examples to support your position
- Analyze your current or past organization to determine whether it is a centralized or decentralized structure. Support your conclusion with examples that demonstrate the centralized or decentralized nature of the organization. Next, give your opinion on whether or not this is the most effective structure for the organization in question.
- Categorize your current or past organization into one (1) of the five (5) most prevalent ethical climates discussed in the text. Examine the impact that the selected ethical climate has on the organization’s culture. Justify your response.
Management accounting or managerial accounting is referred as the set of practice as well as technique that is aimed to provide managers with the financial information in order to allow them make sound decisions as well as maintaining effective control over all corporate resources. There are various ways in which manager use the information provided in order to help in controlling daily operations of their companies. One way is that they use it to prepare reports especially on different cost of producing goods, costs of various marketing programs, expenditures to the training programs of employees among other…