Approaches to control Cite two settings or jobs where each of the following approaches to control would

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Approaches to control Cite two settings or jobs where each of the following approaches to control would be appropriately applied. Identify what you feel is the definitive characteristic of the setting that indicates the appropriateness of the approach to control that you have identified:
a. Preventive control
b. Monitoring
c. Results control

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a Preventive control Preventive control is usually used in situations where there is the possibility for the employees actions to deliberately or acci...View the full answer

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I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening. My Expert Service Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities

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Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

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Question Posted: Oct 29, 2011 06:29 AM

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Approaches to control Cite two settings or jobs where each of the following approaches to control would

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Step by Step Answer:

a Preventive control Preventive control is usually used in situations where there is the possibility for the employees actions to deliberately or acci...View the full answer

Management Accounting Information for Decision-Making and Strategy Execution

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