Difference between revisions of "Diagnostic control systems"
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Latest revision as of 12:10, 10 July 2020
Diagnostic control systems is lever of control that monitors critical performance variables that help managers track progress toward achieving a company's strategic goals. Managers are held accountable for meeting these goals.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Diagnostic control systems. Lever of control that monitors critical performance variables that help managers track progress toward achieving a company's strategic goals. Managers are held accountable for meeting these goals.
