Question: A management accounting system is defined as an information system that produces the information required by managers to create value and manage resources.Good Appetite is

A management accounting system is defined as an information system that produces the information required by managers to create value and manage resources.Good Appetite is a relatively successful F&B group that specializes in western cuisine. It is contemplating to open an outlet in the central business district.

Give two (2) examples of management accounting information and explain how that will help the business to evaluate and choose the location of the new outlet. (Be specific and explain how such information would support the decision.)

Robert manages one of Good Appetite business's outlet. He has decision rights over the pricing of the menu. His compensation is a fixed wage of $40,000 per year plus 2 percent of the outlet's total revenue.

(i) Explain the term "organizational architecture".

(ii) Evaluate the organizational architecture of the outlet managed by Robert.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!