Difference between revisions of "Management control system"
(Created page with "Management by exception is practice of focusing management attention on areas not operating as expected and giving less attention to areas operating as expected. ==Defini...") |
|||
| Line 1: | Line 1: | ||
| − | [[Management | + | :[[Management control system]] is means of gathering and using information to aid and coordinate the planning and control decisions throughout an organization and to guide the behavior of its managers and employees. |
==Definitions== | ==Definitions== | ||
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
| − | :[[Management | + | :[[Management control system]]. Means of gathering and using information to aid and coordinate the planning and control decisions throughout an organization and to guide the behavior of its managers and employees. |
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 16:03, 11 July 2020
- Management control system is means of gathering and using information to aid and coordinate the planning and control decisions throughout an organization and to guide the behavior of its managers and employees.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Management control system. Means of gathering and using information to aid and coordinate the planning and control decisions throughout an organization and to guide the behavior of its managers and employees.
