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Basic decision making.
Basic decision making.
Basic decision making.
Basic decision making.
Basic decision making.
doing cost-benefit analysis
Making a decision by listing pros and cons. -apex
Objective: This course aims at introducing the student to how useful accounting information is prepared, and how it is effectively used, for the purpose of decision-making.Course content: Overview and introduction to management accounting Cost Concepts, Classifications, Terminology and behavior, Job costing and Activity Based Costing, inventory Costing and Capacity Analysis, Cost-Volume-Profit Analysis, Short-term Decision-Making and Relevant Costing, Long-term Decision Making, Pricing Decisions, Master Budget and Flexible Budgeting and variance analysis.
Step 6--Use the Economic Analysis for Decision Making
Making a decision by listing pros and cons.
Cost-benefits analysis
A type of cost-benefit decision making that compares the extra benefits to the extra costs of an action