How does the management by Exception principle affect the Management Reporting System?
Reports should focus on differences between actual and expected numbers in key factors that are symptomatic of potential problems. Reports that provide unnecessary details about routine, in control items should be avoided.
You might also like to view...
Discuss four distinct benefits that the social construction perspective offers OD practitioners.
What will be an ideal response?
Explain on-the-job training. Additionally, provide some suggestions to overcome the drawbacks related to on-the-job training.
What will be an ideal response?
Offshoring typically lowers labor, working capital and fixed costs but increases risk and freight costs
Indicate whether the statement is true or false.
On June 30, 2017, Rangers, Inc showed the following data on the equity section of their balance sheet
Stockholders' Equity Common Stock, $1 par; 197,000 shares authorized,146,000 shares issued and outstanding $146,000 Paid-In Capital in Excess of Par-Common $263,000 Retained Earnings 958,000 Total Stockholder's Equity $1,367,000 On July 1, 2017, the company declared and distributed a 10% stock dividend. The market value of the stock at that time was $15 per share. Following this transaction, what is the number of shares issued? A) 86,500 B) 297,300 C) 160,600 D) 146,000