10万套2 10 3财务管理.pdfVIP

nning and Control ⚫ nning -- ⚫Control -- involves involves the steps develo taken by objectives and management that preparing various attempt to ensure budgets to the objectives re achieve these attained objectives. Which of the following is not a benefit of budgeting? A. It uncovers potential bottlenecks before they occur. B. It coordinates the activities of the entire organization by integrating the ns and objectives of the various parts. C. It ensures th counting records comply with generally accepted accounting pr iples. D. It provides ben arks for evaluating subsequent performance. Advantages of Budgeting Define goal and objectives Communicating Think about and ns n for the future Advantages Coordinate Means of allocating activities resources Uncover potential bottlenecks Responsibility Accounting Managers should be held responsible for those items — and only those items — that the manager can actually control to a significant extent. Fairmont . uses an accounting system that charges costs to the manager who has been delegated the authority to make decisions concerning the costs. For example, if the sales manager accepts a rush order that will result in higher than normal manufacturing costs, these additional costs are charg