Chapter 8. General Ledger, Financial Reporting and Management Reporting Systems. Objectives for Chapter 8. Features, advantages, and disadvantages of coding schemes Operational features of the GLS, FRS, and MRS Operational controls governing the GLS, FRS, and MRS
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General Ledger, Financial Reporting and
Store Number Dept. Number Item Number Salesperson
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A coding scheme used to track sales.
Narrow Span of Control
Wide Span of Control
…than strategic decisions
…than strategic and tactical decisions because they deal with routine tasks
Predictive ValueAttributes of Useful Information According to FASB’s Conceptual Framework