What is the relationship between horizontalization and accounting and control? Please explain and how can used?

 

Answer:

Relationship between horizontalization, accounting and control

Step-by-step explanation

A horizontalized management is when a business plan and methods are arranged in that they can enable production functions of the company.

This is used in management to ensure it is effective.

It helps in planning activities.

It enables increased production capacity of a company.

Accounting is when the company records in regard to finance are summarized and analyzed.

It is used in decision making in matters that involve funds.

It helps when dealing with investors and tax issues.

It is used in banking when money acquired need to be saved.

Control on the other hand focuses on performance of employees in an organization.

It is very important when used in an organization since it is used as a motivation tool that is meant to improve employee performance. It ensures efficiency since it makes workers follow the right required path. Helps in distributing employees to various duties and  branches in the organization. It is a planning tool.

The three aspects are related in the sense that;

1. They are all management methods that businesses can implement to ensure efficiency of a business.

2. They are all meant for the future, for example horizontalization will ensure future production, as accounting ensures it manages all its expenses and income generated as control promotes employee performance.

3. They are meant to reduce costs when producing products or providing services, the budget is adhered to and employees are satisfied.

4. Finally, they are used as planning strategies since they give a company sense of direction.