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Reading - W. L. Ferrara, Cost/Management Accounting: The 21st Century Paradigm Answer the following questions:
1. Describe the paradigms discussed by Ferrara.
2. What are his observations on variable and fixed costs?
3. What does Ferrara see as the best combination of Paradigms for the 21st Century? Explain.
4. What are your observations about Ferrara's paper?
Write your response in 850 Words count....
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