If dysfunctional behavior can result from using reports generated by a responsibility accounting system to evaluate performance

Question:

If dysfunctional behavior can result from using reports generated by a responsibility accounting system to evaluate performance of managers, should responsibility accounting and reporting be abandoned? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

See More Books

Question Posted: May 03, 2016 05:41 AM

See More Questions

If nonfinancial measures of operating performance are more easily interpreted and can be made available on a more timely basis than financial data, do financial reports generated by a responsibility...
The traditional view of responsibility accounting and reporting is that, because activities drive cost, cost can be controlled by holding individuals who control activities responsible for cost. This...
A large automobile dealership in Chicago is installing a responsibility accounting system and three profit centers: parts and service, new vehicles, and used vehicles. Top management has told the...
Suppose that two stocks whose rates of return are given by the two-factor arbitrage pricing model r= a +31 +42 r2 = 02 +241 +2, where a, and a2 are constants. Furthermore, there is a risk-free asset...
A piece of copper wire is formed into a single circular loop of radius 12 cm. A magnetic field is oriented parallel to the normal to the loop, and it increases from 0 to 0.60 T in a time of 0.45 s....
Distinguish among the following three risks: risk-free interest rate, business risk, and information risk. Which one or ones does the auditor reduce by per-forming an audit?
For the streams listed in Table 7.9 (cyclohexane process) and Table 7.13 (HDA process), specify (or select) a pressure (or temperature), and calculate temperature (or pressure). Indicate the reasons...
After numerous campus interviews, Greg Thorpe, a senior at Great Northern College, received two office interview invitations from the Baltimore offices of two large firms. Both firms offered to cover...
A projectile is launched towards a hill that is d= 306m away. The launch angle is=56.9 above the horizontal with an initial speed of v0 =84.6m/s.The hill can be approximated as a plane sloped at...
Washington Theater System entered into a three-year agreement with a local civic organization such that the organization would provide 5,000 of its patrons each month with a special ticket to attend...
From a traditional point of view, what are the two primary purposes of responsibility reports?
Assume for a moment that a responsibility accounting and reporting system can effectively segregate controllable costs from those that are not controllable. Criticize the usefulness of the control...
1. Starting with the spreadsheet model from Case 2.1 (or starting over, if you like), develop a spreadsheet model that lets Ewing see the implications of any set of approved projects. You should...
Could an include use case have a secondary actor? Explain.
What is the difference between the operations of a class and its attributes?
Could an include use case have a primary actor? Explain.
A research project examining the impact of income on the consumption of gourmet foods was conducted. Each variable was classified into three levels of high, medium, and low. The following results...
Name activities in software development covered by various methodologies. Can you explain why more than one methodology is needed in developing a piece of software?
A polymer that contains internal flaws 1 mm in length fails at a stress of 25 MPa. Determine the plane strain fracture toughness of the polymer. Assume that f = 1.
Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...
CVP analysis, income taxes, sensitivity. (CMA, adapted) Almo Company manufactures and sells adjustable canopies that attach to motor homes and trailers. For its 2009 budget Almo estimates the...
Choosing between compensation plans, operating leverage (CMA, adapted) Marston Corporation manufactures pharmaceutical products that are sold through a network of external sales agents. The agents...
Sales mix, three products. The Ronowski Company has three product lines of beltsA, B, and C with contribution margin s of $3, $2, and $1, respectively. The president foresees sales of 200,000 units...
ABC Inc. curently has a share price of $44. If they are paying a dividend of $1.13, with a cum dividend date of November 1, would would you expect their share price to be on November 2nd? Please give...
Does China benefit from a weak currency?Does Us benefit from a strong currency? Why? Please explain
You purchased 10 ASD June 45 puts and the company declares a 10% stock dividend. How are the terms of the option contract then changed?

If dysfunctional behavior can result from using reports generated by a responsibility accounting system to evaluate performance

Question:

Step by Step Answer:

Responsibility accounting and reporting should not be abandoned despite the fact that its use ...View the full answer

Cost Accounting

Students also viewed these Managerial Accounting questions