Question

Upper-level management uses responsibility accounting ______ to evaluate the effectiveness of lower-level managers in controlling costs and expenses and keeping within budgeted amounts.

Answer 1

Upper-level management uses responsibility accounting performance reports to evaluate the effectiveness of lower-level managers in controlling costs and expenses and keeping within budgeted amounts.

A performance report is a file that a corporation creates to outline and degree its basic success. It presents an outline of ways the commercial enterprise is performing. To do that, overall performance reports in particular collects particular work performance information, analyze it, and offer guidelines to assist in making selections.

A performance report should compare results with regards to earlier years' consequences in order to reveal whether or not overall performance is strong, improving, or declining. To higher contextualize the performance facts with regards to ancient performance and objectives or dreams that might have been set.

Management is the administration of an organization, whether it's for an enterprise, a non-earnings organization, or a central authority body. it is the art and technological know-how of dealing with assets of the commercial enterprise.

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