Questions from Managerial Accounting


Q: What are the advantages for the individual in being able to participate

What are the advantages for the individual in being able to participate in decision making in the organization, and what are the advantages for the organization in allowing the individual to participa...

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Q: How does participation in the budgeting process differ from consultation?

How does participation in the budgeting process differ from consultation?

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Q: What are the pros and cons of building slack into the budget

What are the pros and cons of building slack into the budget from (1) The point of view of the employee building in slack and (2) From a senior manager’s point of view?

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Q: What are budgeting games, and why do employees engage in them

What are budgeting games, and why do employees engage in them?

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Q: Do you believe that people value intrinsic rewards? Give an example

Do you believe that people value intrinsic rewards? Give an example of an intrinsic reward that you would value and explain why. Why are extrinsic rewards important to people? If you value only extrin...

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Q: Explain when one would reward outcomes or outputs, reward inputs,

Explain when one would reward outcomes or outputs, reward inputs, or use knowledge-based pay.

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Q: You work for a consulting firm and have been given the assignment

You work for a consulting firm and have been given the assignment of deciding whether a particular company president is overpaid both in absolute terms and relative to presidents of comparable compani...

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Q: When should an organization use a cash bonus?

When should an organization use a cash bonus?

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Q: What does the controllability principle require?

What does the controllability principle require?

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Q: Why do a company’s operators/workers, managers, and executives

Why do a company’s operators/workers, managers, and executives have different informational needs than shareholders and external suppliers of capital?

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