Apple and Google Financial Accounting
Identify at least two activities at Apple and at Google that cause costs to be incurred. Do you believe these companies should be concerned about controlling costs of the activities you Identified.
1 )Refer to financial statements of Apple (Apple.com) and Google (Google.com) to answer the following.
Required 1. Identify at least two activities at Apple and at Google that cause costs to be incurred. Do you believe these companies should be concerned about controlling costs of the activities you identified? Explain. 2. Would you classify Apple and Google as service, merchandising, or manufacturing companies? Explain. 3. Is activity-based costing useful for companies such as Apple and Google? Explain in a 2 to 3-page written report using APA style. Document your citations throughout the text of your paper and every citation must match with the references. Ensure to give 5 peer reviewed references preferably scholarly journals.
Answer preview
Google is a famous search engine that is preferred by most of the users as they search for information on the internet. It has the edge over the others as it can search for information faster and develop new products that will be useful. Apple, on the other hand, is a corporation that has developed a lot of traction from people for providing high quality and functionality devices such as phones and computers. It designs, develops and sells consumer electronics, software and offers online services. These two companies are among the big four technology companies together with Amazon and Facebook.
Activities that Cause Costs to be Incurred
For Google, some of the activities that have costs incurred on them include research and development expenses, where the personnel…
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