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Responsibility Accounting (Example)

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Description Students are required to write a research term paper about Responsibility Accounting using material offered in chapters 8 9 10 and 11 in the textbook as well as any other source on this topic. A comprehensive coverage of that topic would require at least 10 pages double spaced. The score for the paper is a function of the required length and the depth of analysis. This research paper will help students to understand how to use responsibility accounting effectively in today’s highly decentralized organizational. Students will be also acquainted with the advantages and limitations of responsibility accounting as a managerial tool. Responsibility Accounting Responsibility accounting involves a company’s internal accounting and budgeting. The overall objective is to aid in planning and control of the company’s responsibility centers including the decentralized departments and divisions. The process generally involves the preparation of an annual and monthly budgets aggregated for each actual will give a wrong impression on the manager’s performance. This chapter will elaborate on the concept of flexible budgeting. Flexible budgets factor in the effect of changes in the activities affect the costs. It estimates what revenue and cost would have been based on the actual of activities in the period. In this case the actual cost is compared with what the cost should have been for the actual level of activity during the period as opposed to the static planning budget. Thus if the adjustments for the level of activities are not made it is very difficult to interpret the discrepancies between the budgeted and the actual. The flexible budgeting process is thus applied in the costs multiple cost drivers revenues and in any other parameter that are measured in the budgeting process. Works Cited Garrison R. H. Noreen W. E. & Brewer C. P. et al. Managerial accounting. 2018. [...]

Order Description:

Students are required to write a research term paper about Responsibility Accounting using material offered in chapters 8, , 9, 10, and 11 in the textbook as well as any other source on this topic. A comprehensive coverage of that topic would require at least 10 pages, double spaced. The score for the paper is a function of the required length and the depth of analysis. This research paper will help students to understand how to use responsibility accounting effectively in today’s highly decentralized organizational. Students will be also acquainted with the advantages and limitations of responsibility accounting as a managerial tool.

Subject Area: Accounting

Document Type: Research Paper

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $70

Words 2475

Pages 9

Completed in 2 days

Expert Elitewriter1

Client Review

Great job getting my paper done in a short amount of time!

Positive
10.17.2017

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