A new age of accounting

A new age of accounting

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Article ID: iaor199225
Country: United States
Volume: 32
Start Page Number: 72
End Page Number: 75
Publication Date: May 1991
Journal: Production and Inventory Management Journal
Authors:
Abstract:

It is evident that manufacturing firms have not kept up with the need to change their historical method of allocating costs to products in order to determine a selling price which should produce a profit. Modern manufacturing environments require that they be innovative in their undertakings or perish along with the dinosaur.

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