(a) Bill Meyer is not sure about the difference between cost accounting and a cost accounting system....

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(a) Bill Meyer is not sure about the difference between cost accounting and a cost accounting system. Explain the difference to Bill.
(b) What is an important feature of a cost accounting system?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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