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Principles of Accounting I Discussion Board
Principles of Accounting I
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:
- 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)?
- 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?)
- What happens if the data entered is wrong?
Answered by DVick
2 years ago
20.4 billion brain cells
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