While the majority of students in this class will not practice or be required to perform managerial and cost accounting tasks in their positions or careers, the importance of managing costs is essential to every business. Students will read one of the articles and comment on their thoughts as well as articulate and discuss how points made in the historic article are relevant to current business practices. Students will be required to provide examples of current practices (of their employer ideally) and how these relate to the points made in one of the historic (dated) articles. Journal articles used for Graded Discussion #1 For graded discussion #1, students are to select and read one of the following academic journal articles. Students may pick any one of the articles. For your original and reply posts, be sure to post to the discussion thread associated with your article. Students can find all articles on the library database Business Source Ultimate (Links to an external site.). Articles: McNiece, T. M. (1928). Analysis of Wholesaler's Operating Costs. Harvard Business Review, 7(1), 20. McDonald, H. E., & Stromberger, T. L. (1969). Cost control for the professional service firm. Harvard Business Review, 47(1), 109-121. Dearden, J. (1978). Cost accounting comes to service industries. Harvard Business Review, 56(5), 132-140. Gardner, F. V. (1954). Breakeven Point Control for Higher Profits. Harvard Business Review, 32(5), 123-130. Cooper, R., & Kaplan, R. S. (1988). Measure Costs Right: Make the Right Decision. Harvard

Answer rating: 100% (QA)

Answer Explanation Depending on the specific project the customers could include some or all of the ... View the full answer