You just finished an important analysis, and you are feeling pretty good about yourself. You are buying rounds for the entire bar when suddenly you realize the answer to the question “why were those three months were in thousands of dollars rather than like all the remaining 24 months that were in the millions of dollars”. You dropped 000 from the numbers those 3 months. You inform your boss who says the CEO is about to present the information in your analysis to the Board of Directors. Your boss says, “leave it alone”. Should you tell the CEO? What should you d

You just finished an important analysis, and you are feeling pretty good about yourself. You are buying rounds for the entire bar when suddenly you realize the answer to the question “why were those three months were in thousands of dollars rather than like all the remaining 24 months that were in the millions of dollars”. You dropped 000 from the numbers those 3 months. You inform your boss who says the CEO is about to present the information in your analysis to the Board of Directors. Your boss says, “leave it alone”. Should you tell the CEO? What should you d

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter1: Introduction To Cost Management

Section: Chapter Questions

Problem 4E: Consider the following thoughts of a manager at the end of the companys third quarter: If I can...

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