Homework answers / question archive / hon 2 Refining a cost system includes: ed out of Select one: O Creating as many cost pools as possible all answered mentioned are true O identifying the activities involved in a process classifying as many costs as indirect costs as is feasible Question 1 (Theory – 15 points): You are on a plane traveling to visit family (pre-Covid 19) and you scroll through some news headlines on your tablet

hon 2 Refining a cost system includes: ed out of Select one: O Creating as many cost pools as possible all answered mentioned are true O identifying the activities involved in a process classifying as many costs as indirect costs as is feasible Question 1 (Theory – 15 points): You are on a plane traveling to visit family (pre-Covid 19) and you scroll through some news headlines on your tablet

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1. hon 2 Refining a cost system includes: ed out of Select one: O Creating as many cost pools as possible all answered mentioned are true O identifying the activities involved in a process classifying as many costs as indirect costs as is feasible

2. Question 1 (Theory – 15 points):

   You are on a plane traveling to visit family (pre-Covid 19) and you scroll through some news headlines on your tablet. You end up reading an editorial that discusses the changing nature of the economy. Specifically, the writer speculates that new technology will make the accounting profession outdated, since computers will automatically track and compile all financial data and make it easy for anyone with an online connection to access any data about a company’s operations that they wish. How will this affect your career prospects, as an accountant-to-be?