chapter 1 Flashcards
1
Q
managerial accounting
A
info for people inside org
2
Q
financial accounting
A
info to outside org
required
past performance is judged
3
Q
planning
A
goals
alternatives
develop budgets
4
Q
directing and motivating
A
people to carry out the plans
day to day activies
5
Q
controlling
A
feedback
performance reports and compared to actual data
6
Q
decision making
A
most basic managerial skill
7
Q
intrinstic motivation
A
motivation within
8
Q
extrinsic motivation
A
motivate others with incentives