Role of cost accounting in managerial decision making?"
Business managers need to know about macroeconomics because firms operate in and are influenced by the behavior of the overall economy. Factors such as interest rates, employment, inflation, money supply, etc., affect the business environment and financial conditions in general, so firms must address macroeconomic issues in their planning and management strategy. Macroeconomic forecasts and strategies are more important for large firms than for small businesses.
the role was making baskets and making wiki ups
Kaiser Wilhelm II played a significant role in the events leading up to World War I through his decision-making and actions, including the "Kaiser Wilhelm Hand" policy. This policy involved his aggressive foreign policy and support for military expansion, which contributed to rising tensions in Europe and ultimately helped set the stage for the outbreak of the war.
The Marbury v. Madison decision was important because it established the principle of judicial review, giving the Supreme Court the power to interpret the Constitution and determine the constitutionality of laws passed by Congress. This decision solidified the Court's role as the final authority on constitutional matters, shaping its role in interpreting and upholding the Constitution.
The middle ages was certainly the time when the Catholic church had the most influence over European society. From the decision making of monarchies, to the personal everyday lives of people, the teachings of the church played a significant role.
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
Managerial accounting play a vital role in managers life,Life is veyi easy due to managerial accounting
Planning conteolling cost Peocing Peofits determinefoe next poinrs plz call 0300-9616308 jawad from skt
Financial Accounting, Managerial Accounting, and Auditing.
Managerial accounting serves an attention-directing role by providing relevant financial and non-financial information that helps managers focus on critical areas of performance and decision-making. It highlights variances, trends, and key performance indicators that can influence strategic choices, thereby guiding managers to allocate resources effectively. By presenting data in a way that emphasizes important issues, managerial accounting helps ensure that attention is directed toward areas that require action or improvement. Ultimately, this focus supports better planning, control, and operational efficiency within the organization.
do your own research dude! sickeez!
role of price elasticity of demand in managerial decisions
provide specific examples of these questions with respect to the use of a coutry's scarce resources
The attention-directing function of managerial accounting information directs managers' attention to issues that need their attention (i.e., it highlights successful or problem areas).
The role of management levels in accounting is to get full information about the financial position in the organization to get the decision
Accounting professionals can help executive managers set the direction for the company through budgets. Their expertise will help managers guide the organization financially.
Without decision making we can't do anything in DBMS.