Adopting the managerial concept


Problem:

Your final project is to prepare a 6- to 8-page paper on this topic related to managerial changes within an organization. Since an organization's costs are really considered proprietary information and very difficult to find, doing a paper strictly on the cost accounting system and costs of the entity would be almost impossible. Thus, other topics must be used. As well as picking a topic, you must also find an organization that actually changed to or adopted the managerial concept.

TOPIC- Activity based management or activity based costing. We briefly studied this topic during the course. A more in-depth study will reveal the benefits an organization can reap from changing to an ABC costing system. Organizations typically adopt ABC for a small portion of the organization before turning the whole organization over to the method. Some firms found it didn't work for them. Many service organizations have successfully implemented ABC.

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Accounting Basics: Adopting the managerial concept
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