Following are activities that are components of a management control system in a production department. For each

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Following are activities that are components of a management control system in a production department. For each item listed, discuss whether it is a detector, assessor, effector, or communications network:
a. Comparing actual costs to budgeted costs and calculating cost variances
b. Reporting variances
c. Implementing changes in production systems to correct the largest negative variances
d. Measuring actual costs

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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