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ACC 561 Week 3 Discussion Questions Study Guide PaperScholar Study Aids
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ACC 561 Week 3 Discussion Questions Study Guide

ACC 561 Week 3 Discussion Questions Study Guide

DQ 1 What are the differences between a traditional cost accounting system and an ABC cost accounting system?  ABC systems are always more accurate than traditional accounting systems.  Do you agree with this statement or not.  Explain.

DQ 2 What is a cost accounting system?  Why is a cost accounting system important for a business?  A business without a cost accounting system cannot effectively manage its operations.  Give an example of how a company you are familiar with costs its products or services.