MDSA01H3 Lecture Notes - Commodity Fetishism, Enculturation, Icloud

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greenwhale737

18 Oct 2012

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Group 1: How the organization Cut Its Budget Without Hurting Performance?

Issue: How can an organization retrench without creating conflict that compromises the performance of the organization?

burgundychinchilla896

The analyst needs to decide if the financial statements need adjustments. This may arise because:

a. accounting rules do not do a good job of capturing the organization’s economics.

b. managers use their discretion to distort the organization’s performance.

c. accounting rules issue, management discretion, and comparability.

d. it is desirable to increase the accounting comparability in the financial statements between organizations and over time.

cyanlocust388

How can the university cut its budget without hurtingperformance? How can the organization retrench without creatingconflict that compromises the performance of the organization?

MDSA01H3 Lecture Notes - Commodity Fetishism, Enculturation, Icloud

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