ACC 202 Chapter Notes - Chapter 1-8: Offshoring, Job Satisfaction, General Ledger
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Run his business in a manner that included the ethical treatment of people, animals, and the planet. Management accounting help make operating decisions that focus on sustainability, while also keeping the company. Management decide whether any of these a(cid:272)tio(cid:374)s (cid:449)ill help a(cid:272)(cid:272)o(cid:373)plish the (cid:272)o(cid:373)pa(cid:374)(cid:455)"s goal. Focuses on providing internal management with the information it needs to run the company efficiently and effectively: making decisions- the volume of sales needed to just break even (cover costs) First identify and estimate the types of costs the restaurant would incur, as well as the profit that would be generated on. Controlling- means evaluating the results of business operations against the plan and adjusting keep the company pressing. Use performance reports to compare each (cid:396)estau(cid:396)a(cid:374)t"s actual performance against the budget and then use that feedback: managerial accounting building blocks. Chapter 1- helps (cid:455)ou u(cid:374)de(cid:396)sta(cid:374)d (cid:373)o(cid:396)e a(cid:271)out the (cid:373)a(cid:374)age(cid:373)e(cid:374)t a(cid:272)(cid:272)ou(cid:374)ti(cid:374)g p(cid:396)ofessio(cid:374) a(cid:374)d toda(cid:455)"s (cid:271)usi(cid:374)ess e(cid:374)(cid:448)i(cid:396)o(cid:374)(cid:373)e(cid:374)t.
