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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 472 |
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Evaluate the effects formal and informal structure in the control system
Describe the controller functioIdentify the different responsibility centers and distinguish each
Assess the relationship between strategy and the chosen control structure
Develop the various metrics for which the RCs are accountable for
Calculate transfer prices and other financial metrics
Determine the effects of the financial and nonfinancial performance metrics on the human behavior in organization
Assess whether the performance measures chosen are the best that would aid in the effective and efficient implementation of strategy
Diagnose the linkage between the different components of the company’s MCS...
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Evaluate the effects formal and informal structure in the control system
Describe the controller functioIdentify the different responsibility centers and distinguish each
Assess the relationship between strategy and the chosen control structure
Develop the various metrics for which the RCs are accountable for
Calculate transfer prices and other financial metrics
Determine the effects of the financial and nonfinancial performance metrics on the human behavior in organization
Assess whether the performance measures chosen are the best that would aid in the effective and efficient implementation of strategy
Diagnose the linkage between the different components of the company’s MCS...
Essay fragment
General points of the essay
5 Responsibility Centers and Financial Control
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The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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