Explain what boeing means by process accounting


Discussion Post

Prior to beginning work on this discussion, please read the article How Boeing Tracks Costs, A to Z and in an initial post of at least 200 words explain the change in Boeing's costing approach from one based on job-costing to a process-costing approach. In your post,

a) Demonstrate the major distinctions between the job-costing and the process-costing systems.

b) Explain what Boeing means by process accounting.

c) Discuss the advantages of the process accounting approach at Boeing.

d) Assess how the new process accounting approach affect each business unit's incentives and tools to control costs.

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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Accounting Basics: Explain what boeing means by process accounting
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