01306 2200133 4500245004700000700001700047650004100064005001900105260004700124041001200171084000800183300002900191500095200220 aCost Accounting Planning and ControlhText aMatz, Adolph aCost Accounting Planning and Control a20210403124119 aLondonbSouth-Western Publishing Co.c1980 aEnglish a657 axiii, 879 hlm, :c21 cm. aManagement's efforts to achieve company objectives rest upon the twin functions of planning and control. The planning function is essentially a decision-making process dealing with the establishment of a desired profit; the preparation and availability of materials, labor force, and plant and equipment for the anticipated volume; and the creation of a communication system that permits reporting and controlling actual results against predetermined plans. The control function deals with management's task of organizing and marshaling natural forces, human behavior, and material objects into a coordinated unit in order to attain the desired results. The connecting link between the originating planning function and the terminating control function is the cost accounting information system, rightly termed a tool of management, that permits effective communication, continuous feedback, responsibility accounting, and managerial flexibility.