plz. give me some hnt for my assignment.?

Question

how do i identify the financial information than applies to particular areas of work operation.

Answer 1

Different areas are control different things. This is called responsibility accounting. For example:

1. The sales department is focused almost entirely on sales
2. Manufacturing is focused on direct labor, rework costs, and scrap
3. Purchasing is focused on the cost of raw materials
4. Treasury management is focused on the cost of funds and borrowing.