2 Case studies:1st Case: Multiple Versions of the Plan (Pg XXXXXXXXXX)2nd Case: Behavioral...

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2 Case studies:1st Case: Multiple Versions of the Plan (Pg XXXXXXXXXX2nd Case: Behavioral Implications of Airline Depreciation AccountingPolicy Choices (pg XXXXXXXXXXQuestion for Case 1: How are...

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2 Case studies:

1st Case: Multiple Versions of the Plan (Pg XXXXXXXXXX)

2nd Case: Behavioral Implications of Airline Depreciation Accounting

Policy Choices (pg XXXXXXXXXX)

Question for Case 1: How are multiple versions of the plan a type of MCS? Is it effective?

Question for Case 2: What is the impact of depreciating an aircraft over a very short period of time compared to a very long period – how does this impact the assessment of profitability of various routes, and in turn impact Management Control Systems?

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Answered 2 days After Oct 06, 2022

Hari Kiran · Accepted Answer

Sheet1
			Planning and budgeting systems are potentially powerful management tools that serve multiple purposes. They provide a way of converting managers’ visions into an organized set of tactics that are employed throughout their organizations. They provide a standard that can be used to judge organizational success or progress. And they have many behavioral implications, such as regarding the e"ort invested in thinking about the future and commitment to achieve performance targets.
			Multiple Version of the Plan is a type of Management control systems. Due to multiple versions of the plan will be helpful in carrying out the activities to achieve the set goals or mission. Using Multiple versions of plan will be more effective in achieving the mission.
			If one wants to determine whether an airline
company is being conservative or liberal in its choice
of accounting policies, one obvious place to look is
in the area of accounting for property, plant, and
equipment (PP&E). PP&E usually constitutes more
than 50% of the total assets of an airline. Interestingly,
airlines’ accounting policies for PP&E vary
significantly.
Consider, for example,

2 Case studies:1st Case: Multiple Versions of the Plan (Pg XXXXXXXXXX2nd Case: Behavioral Implications of Airline Depreciation AccountingPolicy Choices (pg XXXXXXXXXXQuestion for Case 1: How are...

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