(A) Examine the fundamental advantages of a business combination of filing a consolidated tax return which applies to corporations. Analyze the main reasons why members of a business combination file separate returns or do not. Provide support for your rationale.
(B) Use the Internet to identify one manufacturing company that currently uses an activity-based costing (ABC) system.
How does an ABC system compare to a traditional costing system?
What are the advantages and disadvantages?
(C) Enterprise funds are accounted for differently than governmental funds.
Compare the accounting for enterprise funds with that of governmental funds, summarizing the reasons both for and against accounting for enterprise funds differently than governmental funds.
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