With the use of practical examples discuss the following: A. Performance measurement and organizational vision (8 Marks)
Question:
With the use of practical examples discuss the following: A. Performance measurement and organizational vision (8 Marks) B. Responsibility accounting and segmented reporting (10 Marks) C. Financial vs non-financial performance measures (12 Marks) D. Methods of performance measure - return on investment (ROI), residual income (RI) and economic value added (EVA) (Importance and limitations of the methods) (30 Marks) E. Managerial incentive schemes (5 Marks) F. Performance contracting (5 Marks) G. Performance measures in the service industry, manufacturing industry and non-profit-making organizations (NPMOs). (30 Marks)
ASSIGNMENT TWO QUESTION A.
A. With the aid of practical examples discuss the role of accountants in environmental management accounting. (20 Marks)
B. Discuss the concept of environmental management accounting and how managers can use it to manage costs
C. Cite and explain types of opportunities available for environmental awareness in management accounting. (15 Marks)