Which is NOT included as concept or aspect of management? a. It is concerned with all kinds of resources. b. It increases efficiency and effectiveness c. It deals with both internal and external environment. d. It applies only to top level management.

Q: Should the decision-making process be top-down (centralized with top administrators) or…

A: The decision-making process be top-down is much better than the bottom up for the following reasons:…

Q: Introduction to business

A: Answer -    Correct Option is Option D - Planning & Controlling.

Q: 4. Select an organization with which you are familiar-preferably one that you have worked in. To…

A: Experience of an 'audit firm'

Q: Why are companies divided into departments for the purpose of management control?  Is it possible to…

A: An Organisation is a complex entity which requires different expertise in various fields to help it…

Q: Some of the things that are the responsibility of the operational sector are capacity planning.…

A: Capacity planning refers to a process for determining whether the production resources like…

Q: What is the beginning & end function of management process? a. Directing & Controlling b.…

A: Functions of management process - Planning  organizing  leading controlling

Q: A strategic business unit (SBU) consists of a well-defined set of controllable operating activities…

A: A Strategy Business unit is a separate functional unit mostly set up for specific marketing…

Q: Which of the following is NOT one of the limitations of Management Accounting? Select one: a. Lack…

A: Management accounting is one form or branch of accounting which says that management takes decisions…

Q: What contribution can non-financial performance management make to our understanding of management…

A: The non-financial performance  measures give you the information on a company’s performance in…

Q: Which of the following is NOT an ethical standard of managerial accounting?  ntegrity   Competency…

A: Ethical standards state that business organizations should prepare the books of accounts without any…

Q: what type of decision-making process is supported by management accounting

A: Type of decision-making process is supported by management accounting will be explained:

Q: Which of the following element is part of the controlling function? O a. Coordinating the functions…

A:

Q: Which is not one of the potential advantages of decentralization? Improves motivation and retention…

A: Decentralization refers to transfer of authority from central to local government.

Q: Which of the following is not a goal of performance evaluation systems? a. Promoting goal congruence…

A: Answer:

Q: Which function of Management is concerned with an effective procurement of human resources and…

A: Answer: option (a) Staffing is one of the significant functions of management.it is a continuous…

Q: In a broad sense, management accounting can best be defined within the accounting system as A.…

A: The accounting is a process of analysing, recording the transactions and further preparing the…

Q: In ,________________________ a manager is held accountable for those items, and only those items,…

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Why are companies divided into departments for the purpose of management control?  What are some of…

A: A business is normally organized by its functions, e.g. marketing department, accounts department,…

Q: 2 A manager that is establishing objectives (strategic or operational) is performing which…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Which of the following is not an advantage of budgeting? a) Forces managers to plan b) Provides…

A: Budget: A budget is an estimation of revenue and expenses over a specified period of time and is…

Q: Which of the following is not a goal of performance evaluation systems? Promoting goal congruence…

A: Answer:

Q: ng does not describe a management control system? OA. A system that only measures profitability…

A: As we know that , a management control system (MCS) is a system which collects and uses information…

Q: An important focus of management accounting is decision-making authority. Everyone within an…

A: The Employees are aware of their decision-making authority that they have regarding the firm assets…

Q: The management function that involves providing feedback and preparing performance reports is…

A: Management refer to Higher Authority of a organization which help to planning and Control over any…

Q: describe the connection between the management process planning, feedback, controlling? take an…

A:

Q: What is the role of management in information technology?

A: Note : As per the guidelines, only first question will be answered. Kindly post the remaining parts…

Q: Which of the following are characteristics of economic agents?a. They participate in economic…

A: Economic Event:   Economic event means events which include transferring the ownership of resource…

Q: All of the following is related to the controlling function of management except: a. Performance…

A: SOLUTION- Planning involves establishing goals and communicating these goals to employees of the…

Q: A very famous proverb in management is that “Control over resources means control over…

A: Internal control system -   Internal control is defined as the rules and procedures laid down by the…

Q: What types of circumstances would encourage management to establish a complex organizational…

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: Why is goal congruence important to an organization’s success? How does a responsibility-accounting…

A:

Q: How can conflicts arise between the decision model used by a manager and the performance evaluation…

A: Upper management experiences a continuing struggle: ensuring that lower-level managers' performance…

Q: Which of the following is not among the main uses of Activity-Based-Management ABM Select one: O a.…

A: Activity Based Management is a method or procedure of analysing profitability of the company by…

Q: Which of the following is not a benefit of budgeting?   It allows for coordination between…

A: Budgeting is a process to prepare the financial statement by the manager to estimate the…

Q: Distinguish between a problem and a symptom. Give an example. Are these usually noticed by upper-,…

A: Management education tries to degree out person differences, control improvement affords a unique…

Q: In what ways do the classical and administrative models of decision making help managers appreciate…

A: Solution-   The classical and body models of call-making facilitate the managers understands…

Q: What management levels are more likely to deal with unstructured problems? With structured problems?…

A:

Q: Which of the following statement about management accounting information is incorrect? a. The…

A: Ans. Management accounting information is mainly prepared for internal purposes to be used by…

Q: A systems development approach that starts with broad organizational goals and the types of…

A:

Q: Which of the following statements doesn't describe the organizational strategies: Select one: O a.…

A: Organisational strategies may be defined as long term plans formed by the organisation to channelise…

Q: how does the accounting process help address issues caused by information asymmetry?

A: Since there are multiple question asked, answer will be given for first question only, to get all…

Q: Project planning is usually  a function of the following personnel  __________     top manager,…

A: project planning is the process to determine the cost by managers, planning is the first step of the…

Q: Which of the following makes for an effective control environment with regards to commitment to…

A: SOLUTION- CONTROL ENVIRONMENT- IT IS ALSO CALLED INTERNAL CONTROL ENVIRONMENT . IT IS A TERM OF…

Q: Which of the following is not a characteristic of the strategic planning process? a. emphasis on…

A: Strategic planning process is determined by the top level managers to identify the objective of the…

Q: At what level of management is the long-range planning function most important? a. at top management…

A: Long range planning means financial and other plans being made in the business for substantially…

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.