$20.00 Cost accounting (Chap 2 Critically Anaylsis)
Evaluate this criticism of the financial management of processes: all the emphasis on operating income , regadless of how you measue it, contibutes to ou continuing, short-tem outlook. If we focus only on opeating income, manages will do whateve they can to increase that measure, regardless of long-term impacts. This is what is wong with the moden bussiness. We need to look beyond this period's operating income and focus on the long-term.
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- Posted on Aug 17, 2011 at 10:44:24PM
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