Companies are often organized into departments by function, such as operations, marketing, manufacturing, and distribution. Each one of these departments is often assigned responsibilities, which include department performance and function. For example, cost center managers are often responsible for how well they manage labor, materials, and supplies. Consider what you know from your professional background, the readings, and any exposure to the regulatory environment to answer the following Discussion question:
How are cost center accounting practices in Germany different from practices in the United States? If put in charge of determining which practice to use for Anthony's Orchards (considering regulatory oversight), which accounting practice would you choose and why?