Details: Marmon Company is a collection of more than 100 different operating companies with revenues of more than $6 billion. Its member companies manufacture such diverse products as copper tubing, water purification products, railroad tank cars, and store fixtures, and they provide services such as credit information for banks.
Problem 1. Discuss how accountants at Marmon can act as internal consultants.
Problem 2. What kind of background and knowledge would an accountant require to be an effective internal consultant?
Problem 3. Data gathered by accountants is not only used internally, but externally as well. Describe ways in which information gathered by accountants at Marmon and other corporations is used by individuals and organizations outside of the company?