Acc/227 Cost Accounting Paper

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Wal-Mart and the way that it uses Cost Accounting 1 Wal-Mart and the way that it uses Cost Accounting. Acc/227 Barbara Borg University of Phoenix 12/16/2012 Wal-Mart and the way that it uses Cost Accounting 2 In the 1950s, Sam Walton purchased a store in Bentonville, Arkansas and opened what was called Walton’s. This was the start of the world’s largest retailer, and in the 1962 Walton invested 95% of the capital from Walton’s to open what is called Wal-Mart store. The first store was open in Rogers, Arkansas and Walton was on his…show more content…
With Wal-Mart being such a big company it can come to many problems that can impact them. Looking at just legal things, they have thousands of lawsuits for variety of reasons. Most of which are from associates stating they didn’t get paid correctly but then you do have some others, such as venders getting made about some of the changes if they have a contract with Wal-Mart. They have spent millions of dollars in legal fees fighting cases and they don’t win meaning it comes from their profit. Other things that may be a concerns with the company is that the suppliers are good and very truthful, because working with a company this big one person being unethical can cause so many problems for the company not just one store. Wal-Mart works with so many different companies to make sure that they have everything that the customer will
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