ABC

Essay specific features

 

Issue:

Business

 

Written by:

Glenda R

 

Date added:

September 15, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2730

 

Was viewed:

9933 times

 

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Essay content:

Other criticisms suggest that management accounting reports are of little help to operating managers and that the system fails to provide accurate product costs. In response, firms have adopted new costing techniques including the most common, Activity-Based-Costing (ABC). Yet even advocates of ABC have criticized its use (Johnson, 1992)...
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Yet even advocates of ABC have criticized its use (Johnson, 1992). The response to the criticism is that individuals do not understand this accounting method and, therefore, misuse its techniques (Kaplan, 1992). This is similar to the defense of the traditional accounting techniques. Both claim that the techniques are appropriate, but incorrectly used...
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