How can accounting control techniques be applied to the running of the organisation under the mechanical metaphor?

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Set objectives, develop standard costs and budgets, implement the budgets and take corrective action when actual results deviate from standard performance

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Set objectives, derive a set of key performance indicators and take corrective action when actual results deviate from the organisational goal

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Set objectives, develop financial statements, analyse financial ratios and take corrective action when some ratios are well below acceptable benchmarks

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Set objectives, develop financial statements and use CVP model to analyse the actual result

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How can accounting control techniques be applied to the running of the organisat...

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