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Prior to beginning work on this discussion, please read the article How Boeing Tracks Costs, explain the change in Boeing's costing approach from one based on job-costing to a process-costing approach.
1. Demonstrate the major distinctions between the job-costing and the process-costing systems.
2. Explain what Boeing means by process accounting.
3. Discuss the advantages of the process accounting approach at Boeing.
4. Assess how the new process accounting approach affect each business unit's incentives and tools to control costs.
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