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Explain why the use of judgment in cost measurement can lead to markedly different results even within the same firm. Would you not think that,

  • Explain why the use of judgment in cost measurement can lead to markedly different results even within the same firm.

  • Would you not think that, at least within their own organization, management could establish some guidelines for ensuring that cost measurement is done primarily the same way by individuals within the organization? If so, how would that be accomplished? If not, why not?

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