Explain the role of benchmarking in evaluating managers/ Managerial Accounting
1. Describe moral hazard.
2. ‘Managers should be rewarded only on the basis of their performance measures. They should be paid no salary.’ Do you agree? Explain.
3. Explain the management accountant’s role in helping organisations design stronger incentive systems for their employees.
4. Explain the role of benchmarking in evaluating managers
