Evolution of Management Accounting or Opportunity Costs Essay (Research Paper Sample)
Need to write an article research paper (Graduate level) on either Evolution of Management Accounting or Opportunity Costs. I can provide the peer reviewed articles if necessary. Research and write papers summarizing in their own words what they have found on current topics from the weekly readings. Research is a theoretical review of relevant literature and application of findings in the literature to a topic related to a specific industry, field, or business problem. The research must be conducted using peer-reviewed trade or academic journals. While Blogs, Wikipedia, encyclopedias, course textbooks, popular magazines, newspaper articles, online websites, etc. are helpful for providing background information, these resources are NOT suitable resources for this research assignment. ii. Research/find a minimum at least four (4), preferably five (5) or more, different peer-reviewed articles on your topic from the University of the Cumberlands Library online business database. The article(s) must be relevant and from a peer-reviewed source. While you may use relevant articles from any time frame, current/published within the last five (5) years are preferred. Using literature that is irrelevant or unrelated to the chosen topic will result in a point reduction. iii. Write a four (4) to five (5) page double spaced paper in APA format discussing the findings on your specific topic in your own words. Note - paper length does not include cover page, abstract, or references page(s). iv. Structure your paper as follows: a. Cover page b. Overview describing the importance of the research topic to current business and professional practice in your own words c. Review of the Literature summarized in your own words. Note that this should not be a “copy and paste” of literature content, nor should this section be substantially filled with direct quotes from the article. A literature review is a summary of the major points and findings of each of the selected articles (with appropriate citations). Direct quotations should be used sparingly. Normally, this will be the largest section of your paper (this is not a requirement; just a general observation). d. Practical Application of the literature. Describe how your findings from the relevant research literature can shape, inform, and improve current business and professional practice related to your chosen topic. e. Conclusion in your own words f. References formatted according to APA style requirements
Opportunity Cost
Student’s Name
Institutional Affiliation
Date of Submission
Opportunity Cost
Introduction
Accountants and economists, particularly scholars, have supported the opportunity cost conception as the main decision cost idea. However, there exist specific circumstances, which need to be fulfilled before using the opportunity cost model in the accounting setting. Furthermore, there exist few scholars into the decision applications of business managers and accountants connecting to the practice of the opportunity cost perception in business resolutions (Hernandez-Villafuerte et al. 2019). Consequently, it is indeterminate if executives and managers adopt the model in practice. The drives of this essay are, accordingly, to research a significant assessment of the opportunity cost perception, from both theoretical validity view and its application to the commercial context, including investigating whether the concept has been accepted in real-life experience for economic decisions.
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