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Unformatted text preview: s linens, accounting, and so forth.
Analyses such as these usually present a variety of comparability problems. For example, we would need to
know whether the organizations with which we are comparing ourselves measure their costs in the same way we
do. Typically this is not a concern for a company with, say, franchised operations, since the cost accounting effort
for franchisees can be standardized. In other types of organizations, there can be a variety of complexities.1
Problem: Northern College, a small private liberal arts college, is interested in comparing its cost per student with the cost per student
in some other similar colleges. What are some of the issues it must consider in...
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- Spring '14