Prepare an offer and respond to my discussion. Then I want you to review at least two other students’ offers in the class and determine if their posting is actually an offer or a negotiation to make an offer and make a comment as to why you believe it is an offer or an invitation to negotiate. Don’t be afraid if you are not sure what an offer is when doing the first assignment. We will cover "offers" in further detail in chapter 12. This assignment is to get you to think what is an offer? After we discuss chapter 12, you may want to go back to the offer discussion and reread some of the postings to see if you still think they are offers or invitations to negotiate.

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?