Questions from Cost Accounting


Q: What is goal congruence? How is it different from behavioral congruence

What is goal congruence? How is it different from behavioral congruence?

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Q: What is the controllability concept?

What is the controllability concept?

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Q: The Treadway Commission indicated that bonus plans based on achieving short-

The Treadway Commission indicated that bonus plans based on achieving short-run financial results have been a factor in financial frauds, particularly when the bonus is a large component of an individ...

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Q: What is relative performance evaluation (RPE)?

What is relative performance evaluation (RPE)?

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Q: What is contingent compensation?

What is contingent compensation?

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Q: How could a professional sports firm use the mix variance to analyze

How could a professional sports firm use the mix variance to analyze its total stadium revenues?

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Q: Preparing a budget is a waste of time. The strategic plan

Preparing a budget is a waste of time. The strategic plan is what we work to accomplish.” How would you respond to this comment?

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Q: The management control system collects information from local managers for planning purposes

The management control system collects information from local managers for planning purposes. It then uses the plan to evaluate the local managers. What are the advantages of this? What are the disadv...

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Q: Salespeople are often paid a commission based on sales revenue. How

Salespeople are often paid a commission based on sales revenue. How might that incentive system lead to dysfunctional consequences?

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Q: Is the CEO ever an agent in the principal–agent relationship

Is the CEO ever an agent in the principal–agent relationship as discussed in the chapter? Is a division president ever a principal in the principal–agent relationship as discussed in the chapter? Expl...

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