Questions from Cost Accounting

Q: Business process reengineering (BPR) can be an effective tool to

Business process reengineering (BPR) can be an effective tool to aid in achieving breakthroughs in quality improvement and cost management. Total quality management (TQM) is another philosophy about a...

Q: In the past decade, the Japanese economy has fallen from its

In the past decade, the Japanese economy has fallen from its lofty levels of the 1980s. As a consequence, many Japanese companies have been forced to downsize. In most companies, one of two strategies...

Q: In recent years, the financial press reported story after story regarding

In recent years, the financial press reported story after story regarding downsizing and layoffs in the U.S. auto industry. Often the stories discussed multiple rounds of downsizing events (such as th...

Q: In 2007, Nike settled a class action lawsuit filed on behalf

In 2007, Nike settled a class action lawsuit filed on behalf of 400 African American employees of the company’s Niketown store in Chicago. One of the allegations in the suit was that the store segrega...

Q: With an ERP system, a company can develop a “storefront

With an ERP system, a company can develop a “storefront” on the Internet. Through its storefront connection with customers, the company can gather much information about the market and the demand for...

Q: Slydell Industries produces a variety of consumer goods including lamps, home

Slydell Industries produces a variety of consumer goods including lamps, home office desks, and storage cabinets. Many products sold by the company are purchased disassembled, and then assembled by th...

Q: The following graphic indicates where each part of the dollar that a

The following graphic indicates where each part of the dollar that a student pays for a new college textbook goes: Students are frustrated with the cost of their textbooks, but most publishers would...

Q: A list of committed and discretionary costs follows. Annual audit

A list of committed and discretionary costs follows. Annual audit fees Internal audit salaries Annual report preparation and printing Marketing research Building flood insurance Preventive maintenance...

Q: In many large business organizations today, it is common that the

In many large business organizations today, it is common that the financial experts are physically located separately from operational personnel. One effect of this isolation is that the people with f...

Q: Temporary or part-time employees may be used rather than full

Temporary or part-time employees may be used rather than full-time employees in each of the following situations: a. To teach undergraduate accounting courses at a university. b. To serve as security...