1. Allowing executives to collect large bonuses and other perquisites while firing ordinary workers for the sake...

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1. Allowing executives to collect large bonuses and other perquisites while firing ordinary workers for the sake of remaining cost-competitive
2. Firing highly paid long-term employees while hiring new, lower-paid employees to perform identical or similar work
3. Developing data repositories in ERP systems that contain sensitive data on employees, customers, and other stakeholders but not installing adequate systems to protect the privacy and integrity of that information
4. Adopting open-book management principles and holding employees accountable for financial results without first providing them training to understand financial reports
5. Making business decisions by considering only the costs of pollution that are borne by the company and ignoring the costs borne by society
6. Minimizing environmental costs by moving high-impact operations to countries that have lax environmental regulations

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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