Explain how the terms controllability and attributability are relevant when evaluating the performance of business unit managers

Question:

Explain how the terms controllability and attributability are relevant when evaluating the performance of business unit managers and business units?

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

Step by Step Answer:

Related Book For book-img-for-question

Management Accounting

ISBN: 9781760421144

7th Edition

Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton

See More Books

Question Posted: Nov 01, 2017 06:02 AM

See More Questions

When evaluating the performance of a manager, why should fixed costs be divided into the categories of controllable costs and committed costs?
A company declares a 2-for-1 stock split. Explain how the terms change for a call option with a strike price of $60.
Consider an exchange-traded call option contract to buy 500 shares with a strike price of $40 and maturity in four months. Explain how the terms of the option contract change when there is a) A 10%...
Describe how organizations should apply the general principles of the Uniform Guidelines on Employee Selection Procedures to practical selection decisions.
What is the hybridization at all atoms, except hydrogen's, in these compounds? a) H H H H H H H H CH 4.6 c) HC-N-CH3 : : g) CHC-OH h) CHC-NHCH,
Consider a convergent-divergent nozzle of length $L$ with an area-ratio variation given by $A / A^{*}=1+10|x / L|$, where $-0.5 \leq x / L \leq 0.5$. Assume quasi-one-dimensional flow and a...
For a given head loss per unit length, what effect on the flowrate does doubling the pipe diameter have if the flow is (a) laminar, (b) completely turbulent?
Widgets are provided by a single monopolist, whose production process pollutes the surrounding environment. The U.S. government is thinking about breaking the monopoly up into a large number of small...
Accounts Payable Accounts Receivable Cash B Bland Media Information: E $ 25,000 210,000 Rent Expense Supplies $ 75,000 9,000 146,000 Supplies Expense 12,000 Common Stock 35,000 Taxes Expense 10,000...
How much time do commuters living in or near cities spend waiting in traffic, and how much does this waiting cost them per year? The file Congestion contains the time spent waiting in traffic and the...
Why might some companies decide not to distinguish the performance of managers from that of their department or division?
Provide four examples of common costs that might occur in a fast food chain?
In Problems 79126, factor each polynomial completely. If the polynomial cannot be factored, say it is prime. 6x + 8x + 2
Why is the adversarial system is better in family violence cases? Use the authoritative source for reference.?
Explain whether or not federal and state laws and regulations that protect children's rights are beneficial for families?
Could you elaborate on the principles of aspect-oriented programming (AOP) and its applications in cross-cutting concerns management within software systems?
Answers must reference common law decisions and/or sections in the relevant legislation Generally, under what circumstances, will there be an intention to create legal relations when work is...
Reconciliation is an accounting procedure that compares two sets of records to check that the figures are correct and in agreement. Reconciliation also confirms that accounts in ageneral ledgerare...
Use the information for Battle Tank Limited in BE7.7 and assume instead that the unadjusted balance in Allowance for Doubtful Accounts is a debit balance of $3,000. Based on this, prepare the...
To help you become familiar with the accounting standards, this case is designed to take you to the FASBs Web site and have you access various publications. Access the FASBs Web site at...
Refer to the data in Problem 6-16. Assume that the FIFO method is used. Required: 1. Prepare a physical flow schedule. 2. Calculate equivalent units of production for direct materials and conversion...
Peterson Company produces a product that passes through three processes: fabrication, assembly, and finishing. All manufacturing costs are added uniformly for all processes. The following information...
Refer to the data in Problem 6-18. Required: Prepare a cost of production report for the assembly department for April using the FIFO method of costing.
What is the minimum quantity firms need to sell in order to start earning profit given insurance costs of $50,000, materials o per unit, and break even quantity is 1500?
Assume a 10% discount rate and compute the present value of Rs. 1100, Rs.900, Rs.1500 andRs.700 received at the end of 1-4 years In the above sum if the amounts are received at the beginning of the...
Recall that an FX rate XXXYYY = Bid/Offer gives the rate of YYY per XXX. You can buy XXX/sell YYY at the offer price and sell XXX/buy YYY at the bid price. EURUSD is trading at 1.4760/1.4763 USDJPY...

Explain how the terms controllability and attributability are relevant when evaluating the performance of business unit managers

Question:

Step by Step Answer:

If management is to evaluate the performance of business unit ma...View the full answer

Management Accounting

Students also viewed these Advanced Accounting questions