COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Middle management
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Cleaners
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CEO
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Detailed explanation-1: -These types of decisions generally occur at the highest levels of organizational management. Tactical Decisions-Tactical decisions concern the tactics used to accomplish the organizational objectives. Tactical decisions are primarily made by middle and front-line managers.
Detailed explanation-2: -Officers and executives make tactical decisions for a company. Officers and executives include the CEO, COO, CFO and other top-level management in a company.
Detailed explanation-3: -Let’s review. Middle-level managers are responsible for developing the tactics necessary to complete organizational objectives. They pull information from top-level managers above them and supervisors below them, and they push data, analysis, details and facts back through the organization.
Detailed explanation-4: -Operating decisions are the decisions necessary to put the policy decisions into action. These decisions help implement the plans and policies taken by the high-level managers. Such decisions are usually taken by middle and lower management.
Detailed explanation-5: -Creating tactical plans is usually handled by mid-level managers.