Intro to cost management systemmanagement control systems, Ask an Expert

Management Studies

Intro to Cost Management System

(Management control systems) Following are activities that are components of a management control system in a production department. For each item listed, discuss whether it is a detector, assessor, effectors, or communications network:

a. Comparing actual costs to budgeted costs and calculating cost variances

b. Reporting variances

c. Implementing changes in production systems to correct the largest negative variances

d. Measuring actual costs

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91414619

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