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Cost Accounting Discussion Questions

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Reference no: EM132455239

Cost Accounting Discussion Questions -

1) Name a company that you think uses process costing. Name the company's product and state why process costing is appropriate.

2) What type of organization or company would use activity-based costing?

3) Why is budgeting important?

4) Describe how you use budgeting in your personal life or in your company.

5) How do companies use responsibility centers?

6) How are the managers of the responsibility centers held accountable?

Reference no: EM132455239

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