(Answered) Question - answer the following questions1 why is it

Accounting

Question - Answer the following questions:

1. Why is it important for companies to be concerned with quality?

2. What are some advantages of a JIT system?

3. Why has the role of management accounting expanded?

4. Why is manufacturing overhead considered an indirect cost of production?

5. What is an opportunity cost? Should an opportunity cost be ignored when making a decision?

6. What is a sunk cost? Is a sunk cost a differential cost?

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