Quizzes & Puzzles24 mins ago
Question On Admin Chargebacks
6 Answers
The regional office has recently implemented a chargeback program for administrative costs (telephone, postage, lease costs, etc). Each office has now been asked to carefully track and report on actual costs for a range of administrative financial activities. These costs would be recovered for staff working from those offices across the region. Several of the managers are arguing about the need for this – insisting that the chargeback of these costs is too time/labour intensive. As a result of this debate, your director has asked you to do a short presentation in order to communicate more information about this policy, so that the region can make an informed decision. The group is also interested in your opinion on how best to implement this system, taking into consideration a cost-benefit approach and risks to collecting this information. What are the opportunities and risks associated with a cost charge-back system? What approach would you take? What would your arguments be on the charge backs? How will you be able to influence the managers that this is the best way to manage this new activity? Please feel free to include any information relevant to frame this topic appropriately. Thank you in advanced.
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.The main thing I need help on is the pros and cons to the chargeback system. What I have so far:
Pros
Offices become more accountable and aware of the costs incurred
Improved cost allocation and better managed cost recovery
Empower offices to make business decisions
Cons
Increased burden – time and labour intensive
Change of existing process
Pros
Offices become more accountable and aware of the costs incurred
Improved cost allocation and better managed cost recovery
Empower offices to make business decisions
Cons
Increased burden – time and labour intensive
Change of existing process
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