ROLE OF CHANGES IN NON-CASH INVENTORIES IN LIFE CYCLE OF ORGANIZATION ON PERFORMANCE OF BANK

Abstract

Organizations like living creatures have a life cycle. On the one hand, every step of the process are faced with its specific problems and on the other hand, in transitional steps between periods, they encounter specific problems. Like living creatures, the growth of economic units shows first relationship between flexibility and control. Service control systems need to change commensurate
with changes in the competitive environment, business missions, and general strategy in the life cycle. Mistake in determining accounting budgeting policies for each life cycle stage affects the inefficiency of resource allocation. Thus, during the life cycle stages, providing relevant, accurate, and timely information based on multiple management needs is a challenge for financial managers