The procedures you might need to follow to access the financial data and plans necessary for efficient operation of a team/section/division
For efficient operation of a team / section / division must be
clearly distributed responsibilities of each participant in the
process. That is, identify the limits of liability and terms of
preparation. You must also provide the level of access to
information.
2. Operating personnel cost center should be involved in budgeting
expenses. Consultations at the stage of financial plans is key to
the effectiveness of the cost center. Since the operational staff
has practical experience in the center costs. At the stage of
implementation plans the financial operational staff may provide
corrective information. The direct connection between financial and
operating personnel promotes efficient use of resources. That helps
reduce costs.
Get Answers For Free
Most questions answered within 1 hours.