ACC281 Week 4 Discussion (dq1+dq2)

ACC281 Week 4 Discussion
Dq1
Value Added Principle. From Chapter 10 complete question 2, page 382, on how the value added principle applies to managerial accounting information. Give at least one example of value added information used by a health care organization. You must respond to at least two of your classmates’ postings to receive full credit.
Dq2
Product Costing. From Chapter 10 complete question 3, page 382, on why product costing is different between financial and managerial accounting. What advantage does product costing offer over financial accounting? Illustrate its use by using a health care example. You must respond to at least two of your classmates’ postings to receive full credit.

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Solution: ACC281 Week 4 Discussion (dq1+dq2)