Budgetary accountants are involved in establishing standard costs for evaluation purposes.
Top management is primarily involved in formulating strategy plans and budgets. Establishing standard costs for evaluation purposes is a task of management of a lower level. These standards are used to estimate what costs should be under normal conditions of operations. Industrial engineers, budgetary accountants, quality control personnel and employees who will be evaluated using these criteria are involved in the process.
Industrial engineers are involved in establishing standard costs for evaluation purposes.
Quality control personnel are involved in establishing standard costs for evaluation purposes.
|
