Management works to manage the work performance of other organizational members. The management plays an important role in decision making which affects the whole organization. There are different levels of management in an organization :
1. Top level
2. Middle level
3. First level
Top level management constitutes the top management team. They include titles like CEO, president, vice president. They hold the highest authority to take the key decisions and set goals for organization.
Middle level management carry out the goals set by top management. They constitute titles like general manager, regional manager.
First level management directly deals with the the line of workers. They are responsible for controlling the employees and get the work done.
The common middle level management title is General manager.
Establishing organizational goals as a management function is more important: at lower management levels. at middle management levels. for staff functions than line functions. at top management levels.
UNIT CODE: BAF2202 UNIT TITLE: MANAGEMENT ACCOUNTING I Assume that a certain process has an 95% learning curve effect and the first unit took 4000hrs to produce. Required: Compute the number of hours required to produce the first 34 units Compute the number of hours required to produce 34th unit. iii) Assume that the wage rate is Kshs.100 per hour, compute the Labor cost of producing the last 16 units Differentiate between management accounting and financial accounting Highlight the...
Question 5 1 pts Which level of management is most dependent on external information? operations middle strategic None of these are dependent on external information.
Solubility Product and Common Ion Effect For deionized water and the middle molarity of NaOH find the following: [OH-]total: [Ca2+]=s: Ksp: Data: Room temp is 22 degrees C Lowest molarity of NaOH is .01582 Middle molarity of NaOH is .03164 Highest molarity of NaOH is .06328 Molarity of standard HCl: .02993 Titration for deionized H2O is 10.15ml Titration for lowest molarity is 13.05ml Titration for middle molarity is 14.95ml Titration for highest molarity is 23.1ml
Imagine that you are being paid to present training session for the middle management in a prestigious accounting organization. You want to assess the communication styles of your trained and have found a useful evaluation instrument that does this nicely. Should you only cite the source of the instrument in the training booklet or should you obtain author permission to use this instrument in your training? Discuss the steps needed for each approach.
UNIT CODE: BAF2202 UNIT TITLE: MANAGEMENT ACCOUNTING I Assume that a certain process has an 95% learning curve effect and the first unit took 4000hrs to produce. Required: Compute the number of hours required to produce the first 34 units Compute the number of hours required to produce 34th unit. iii) Assume that the wage rate is Kshs.100 per hour, compute the Labor cost of producing the last 16 units Differentiate between management accounting and financial accounting Highlight the assumptions...
Identify the part of the expanded accounting equation for each account title. Office Furniture Common Stock Dividends Advertising Expense Notes Payable Service Revenue
Leadership: Decision Making. You are being promoted from a supervisory job to a middle-management position in two weeks. You have been given the authority to hire your replacement from your department before moving on. You have two fairly equal candidates who want to be promoted to management. For the Variables line, write the numbers 1 to 4. To the right of the four numbers, write the four variables. To the left of the four numbers, write the answers to...
Account Title Presented below are a number of transactions. Determine whether each transaction affects common stock, dividends, revenues, expenses, or does not affect stockholders' equity. Provide titles for the revenues and expenses. Select Not applicable for account title if neither a revenue nor an expense. Transaction Affects (a) Costs incurred for advertising. (b) Cash received for services performed. (c) Costs incurred for insurance. Amounts paid to employees Cash distributed to stockholders. (0) Cash received in exchange for allowing the use...
Describe the common first three steps in a case management process?