accounting management control system


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  1. The approach comes with the corporate objectives at hand and it means that every staff must work towards achieving them. That is one way of controlling.
  2. Can results in inaccurate forecasting – senior management may formulate unrealistic targets since they are not savvy with the day to day activities.
  • Reduces morale – a staff that is not well motivated is not easy control nor are they able to achieve corporate objectives