Finance managers say top executives support their cost and performance management initiatives.

• Position: Brief Article

Seventy-two financial executives and managers attending the 2002 CAM-I/AICPA cost and performance management symposium held in May were asked whether performance management initiatives, such as activity-based costing and target costing, are succeeding. The poll revealed that many are, and when they do succeed, it is largely because of excellent two-way communications between top executives and project managers.

Specifically, over two-thirds of respondents said that senior management keeps them informed about...