The Management based on Standards and Expense Budgets
The Management based on Standards and Expense Budgets

Summary/Abstract: The creation and the proper functioning of the organizations efficient structures depend on the knowledge one has of the normal consumptions and expenses in expense centers and compartments of structures. The comparison between the actual performances and the stipulations facilitates the appraisal and control of the accuracy of the costs employed on the principle of reverse connection. Consequently, the organization’s managers can intervene in due time to eliminate the factors and causes that disturb the proper functioning of the economical and financial mechanisms

• Details
• Contents