Select a company that you work for now or have worked for in the past or a company in your community of which you have sufficient knowledge.Show how the selected technique/concept would be applied to that particular business in its strategic allocation of financial resources.

This assignment provides students with an opportunity to utilize their knowledge of cost management tools and cost systems by applying a specific cost technique/concept to a selected organization. Students will combine knowledge obtained from the textbook, peer-reviewed journal articles, and the Discussion: Cost Management and Cost Systems in applying the selected technique/concept to the organization and showing how it improves/impacts the organization’s strategic allocation of financial resources.

Select 1 of the 2 techniques/concepts discussed in your Discussion: Cost Management and Cost Systems thread and develop a real-world application paper.

Select a company that you work for now or have worked for in the past or a company in your community of which you have sufficient knowledge.Show how the selected technique/concept would be applied to that particular business in its strategic allocation of financial resources.

• Your paper should be in the current APA format and must include references from at least 7 peer-reviewed journal articles.
• The paper should be at least 5–6 pages, not including the title page and reference page.