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Sinopec Corporation is one of the largest integrated petroleum and petrochemical companies in China. The director of finance of the Pingyuan Oilfield Company of Sinopec must discuss with head office the division's production budget. He must do a breakeven analysis and consider the tradeoff for different accounting alternatives to determine how he will meet head office's proposed profit target and what strategy should be used for development.
China, Large, 2001
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