Expert Answer:week 3 discussion


Solved by verified expert:Activity Based CostingWhat 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 in 200 word countRespond to this student post in 100 word countBy AbenaI found that learning about a cost accounting system to be very informative and helpful with operating a business. I feel as though I need to learn more about profitability analysis, inventory valuation and cost control. I need to learn more of these concepts if I choose to lead an organization and especially if I start my own business. Many people dream of starting their own business and being successful. But when thinking about that dream, you do not necessarily think of all the particular skills and knowledge necessary to become successful. I always knew that the bottom line was that I would need to make a profit, and I would sell whatever product I had at a higher rate than it took to obtain it. It sounds simple, but I knew the process was much more detailed than that. After learning about cost accounting systems, I have a better understanding of what is actually involved with product pricing and inventory. I enjoyed learning about this because it was of interest to me. I know that I would like to learn more about it and become very familiar with the processes. I think that anyone who would like to own their own business should become familiar with cost accounting systems, and even if you do not own your own business, learning about the systems can help you better understand and make better decisions for the company you work for.

Don't use plagiarized sources. Get Your Custom Essay on
Expert Answer:week 3 discussion
Just from $10/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 30% with the discount code ESSAYSHELP