"The Accounting Decision Making Model Is Not Useful in Real

question 162

Essay

"The accounting decision making model is not useful in real life because it only looks at the numbers." Critique this statement and give an example for which it does not hold true.

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Definitions:

Alignment Of Strategies

The process of ensuring all aspects of an organization's strategies are coordinated and supportive of the organization's goals and objectives.

Performance Management

A systematic process by which an organization involves its employees in improving organizational effectiveness in the accomplishment of the organization's mission and goals.

Functional Fit

A measure of how well a particular strategy, process, or system suits the operational needs of an organization.

Concept Of Fit

The degree to which an individual's skills, values, and interests align with the culture and requirements of an organization or a specific job.