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Jane Erving, a newly hired accountant wanting to impress her boss, stayed late one night to analyze the long-distance calls by area code and time of day placed. She determined the monthly cost for the previous 12 months by hour and area code called.

Required:

1. What did Jane think her boss would learn from this information? What action might be taken as a result of knowing it?

2. Would this information be more relevant if Jane worked for a hardware store or for a real estate company? Discuss.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91625129

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