1. What do you believe is the most important aspect of cost accounting and firms that need...
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1. What do you believe is the most important aspect of cost accounting and firms that need to increasingly invest in automation to remain cost-competitive?
2. How do you think accountants should be educated and trained to deal with automated firms and the effect of automation on cost structures?
3. Walk through how you would analyze and compare (1) setting up a highly automated plant in the U.S., or (2) setting up a more manual plant located in a country like Mexico, which while separate from the U.S., is part of NAFTA. Discuss the types of costs and logistics that you will need to consider.
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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