ACC 561 Week 4 Discussion

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ACC 561 Week 4 Discussion
ACC 561 Week 4 Discussion
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ACC 561 Week 4 Discussion

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

 

Due Thursday

Answer one of the following four questions. Respond using a minimum of 300 words.

  1. Read Chapters 15 and 16 of our text. What are the main differences between job and process costing? How are the costing methods used in managerial decision making? Identify a company of your choice and explain which method is the most appropriate. Add details, insight, and incorporate examples to support your position.

  2. Identify an ACCOUNTING topic of your choice from the assigned reading. Explain it to the class and include examples and insight to support your analysis. Identify a company and explain how the business can use the information in order to improve decision making.

  3. Read Chapter 17 of our text and watch the Alternative Costing Methods video. What is activity-based costing? Explain how a company of your choice could use activity-based costing to improve managerial decision making. What are the advantages and disadvantages to the company?

  4. Watch the Costing Errors video. Explain, in detail, the content of the video to the class. How do costing errors impact financial data and operating decisions? Use an example from a current or prior employer to support your analysis.

 

Due on or before Monday

Post two high quality, substantive replies.