1. Explain the similarities and differences in how the McCarthy and Sutton papers present the nature...

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Accounting

1. Explain the similarities and differences in how the McCarthyand Sutton papers present the nature of accounting and theaccounting function within an organization.
2. Explain how the balanced scorecard could be used by a mergerand acquisition team to evaluate potential target companies. Bebrief and include specific measurement criteria.
3.Explain the difference between an expense and a cost. Why isit important for a company to not only understand their costs butalso their cost drivers?
4. Explain why the overhead in product and service costs isfrequently not correct. How are overhead variance addressed? Why?What steps can be taken to mitigate deviations in overheadvariances?

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Ans1 Simmiliarities 1whether an article is considered AISrelated consistent 2AIS research does exist at the intersection of the accounting and information systems domains Difference 1 McCarthy Beleives Research directions and perspective While Sutton BeleivesToward an understanding of the AIS discipline Advances in Accounting Information Systems 2McCarthy beleives that AIS investigates issues about transaction processing for accountability purposes of an organization While Suttons view is that AIS research has See Answer

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1. Explain the similarities and differences in how the McCarthyand Sutton papers present the nature of accounting and theaccounting function within an organization.2. Explain how the balanced scorecard could be used by a mergerand acquisition team to evaluate potential target companies. Bebrief and include specific measurement criteria.3.Explain the difference between an expense and a cost. Why isit important for a company to not only understand their costs butalso their cost drivers?4. Explain why the overhead in product and service costs isfrequently not correct. How are overhead variance addressed? Why?What steps can be taken to mitigate deviations in overheadvariances?