Reference:

Merchant, K. A., & Shields, M. D. (1993). When and why to measure costs less accurately to improve decision making. Accounting Horizons, 7(2), 76.

* don't use other references *

Question:

1. In some situations, accurate cost measurement is not a main concern of the company. Companies can make inaccurate cost measurements for strategic purposes. Explain the statement based on the article Merchant & Shields (1993). 2. In what situations an inaccurate cost assignment can be applied.