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Principles of Accounting I Discussion Board

Asked by 2 years ago
19 billion brain cells

Principles of Accounting I

Assignment #2

Discussion Board

At a recent meeting, one of your co-workers stated that “Using the right analysis tool will compensate for inexperienced managers.”

How would you reply to your co-worker?  Consider the following items in your discussion:

  1. Do the tools help only in certain situations such as routine, daily or rather mundane decisions, like cost controls, quality controls or staffing questions (In term of number of people needed)?
  2. How can analysis tools help the finance or accounting arms of a company more so than operations managers?  (For example, do computers really think?  Do gthey learn from their mistakes?  Can they manipulate or change their environment?)
  3. What happens if the data entered  is wrong?

1 Answer

Answered by 2 years ago
20.4 billion brain cells

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