TAILIEUCHUNG - Lecture Managerial accounting Creating value in a dynamic business environment (Tenth edition): Chapter 12 - Ronald W. Hilton, David E. Platt

Chapter 12 - Responsibility accounting, quality control, and environmental cost management. After completing this chapter, you should be able to: Explain the role of responsibility accounting in fostering goal congruence, define and give an example of a cost center, a revenue center, a profit center, and an investment center; prepare a performance report and explain the relationships between the performance reports for various responsibility centers. | Responsibility Accounting, Operational Performance Measures, and the Balanced Scorecard Chapter 12 McGraw-Hill/Irwin Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 12: Responsibility Accounting, Operational Performance Measures, and the Balanced Scorecard Responsibility Accounting Responsibility accounting is used to measure the performance of people and departments to foster goal congruence. 12- Most organizations are divided into smaller units or departments, each of which is assigned particular responsibilities. Each department is made up of individuals who are responsible for particular tasks or managerial functions. Goal congruence results when the managers of subunits throughout an organization strive to achieve the goals set by top management. Responsibility accounting refers to the various concepts and tools used by managerial accountants to measure the performance of people and departments in order to foster goal congruence. (LO1) Responsibility Centers A subunit in an organization whose manager is held accountable for specified financial results. 12- A responsibility center is a subunit in an organization whose manager is held accountable for specified financial results of the subunit’s activities. There are four common types of responsibility centers. (LO2) Responsibility Centers Cost Center Segment has control over the incurrence of costs. The Paint Department in an automobile plant. Revenue Center Segment is responsible for the revenue of a unit. The Reservations Department of an airline. 12- A cost center is an organizational subunit, such as a department or division, whose manager is held accountable for the costs incurred in the subunit. The Painting Department in an automobile plant is an example of a cost center. The manager of a revenue center is held accountable for the revenue attributed to the subunit. For example, the

TAILIEUCHUNG - Chia sẻ tài liệu không giới hạn
Địa chỉ : 444 Hoang Hoa Tham, Hanoi, Viet Nam
Website : tailieuchung.com
Email : tailieuchung20@gmail.com
Tailieuchung.com là thư viện tài liệu trực tuyến, nơi chia sẽ trao đổi hàng triệu tài liệu như luận văn đồ án, sách, giáo trình, đề thi.
Chúng tôi không chịu trách nhiệm liên quan đến các vấn đề bản quyền nội dung tài liệu được thành viên tự nguyện đăng tải lên, nếu phát hiện thấy tài liệu xấu hoặc tài liệu có bản quyền xin hãy email cho chúng tôi.
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.