Compare current and actual results of accounting periods

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Discussion: Your initial discussion thread is due and you have to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses.

Issues in Standard Costs and Budgeting

Review the Standard costs: wake up and smell the coffee.article. When evaluating performance, many organizations compare current results with the actual results of previous accounting periods. Is an organization that follows this approach likely to encounter any problems? Explain.

Guided Response: Review your peers' posts and respond to at least two of your classmates. Describe how job order costing, process costing, or activity based costing could resolve or exacerbate the issues your classmates discussed in their initial posts.

Reference no: EM132630113

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