Under what conditions would it be appropriate to use a process costing system?
MANAGING FOR BUSINESS SUCCESS Manager: making a group of people more effective and efficient with you than they would be without you. Management: the process of planning, organizing, directing, and controlling resources to achieve specific goals In planning, they set goals and determine the best way to achieve them. Organizing means allocating resources (people, equipment, and money) to carry out the company’s plans. Directing is the process of providing focus for employees and motivating them to achieve organizational goals. Controlling involves comparing actual to expected performance and taking corrective action when necessary. PLANNING Strateg