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ABC
Essay specific features
Written by:
Glenda R
Date added:
September 15, 2013
Level:
University
Grade:
A
No of pages / words:
10 / 2730
Was viewed:
9930 times
Rating of current essay:
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)...
displayed 300 characters
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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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