The note begins with an examination of the idea that different costs are used for different purposes, and the differences are analyzed. The criteria of a good accounting system are summarized responsibility. The contingent nature of responsibility accounting systems position them as one of several activities that interact and must be well coordinated for an organization to succeed is then illustrated. This is followed by a brief discussion of each of these activities. The note concludes by emphasizing the important role of senior management in the design activities.
by
David W. Young
15 pages.
Date Posted: January 24, 2014. Prod #: TCG322-PDF-ENG
Note on management accounting solutions in the case of context
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