Answer to Question #122426 in Management for Adjanor Doris

Question #122426
MEMBED Ltd has been in business for the past 20 years. In the last meeting of the Board of Directors, it was
proposed that a cost accounting system be established and a Cost Accountant employed. However, the
Managing Director disputed this proposal on the grounds that there is no need for a cost accounting system. He
also argued that there is no need for a Cost Accountant as the Accountant of the company is enough for all
accounting functions. You are a trainee accountant who has just joined the company as an intern.
Required:
Write a report to the MD explaining what a cost accounting system is and discuss the argument by the Managing
Director.
1
Expert's answer
2020-06-15T07:06:53-0400
Dear Adjanor Doris, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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