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Function-based cost management is the budgeting philosophy that the budget controller (in this case the manager) budgets costs based on the function of a department, person, area, etc. Generally, the manager assigns costs according to the importance of the function to that manager.
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What is function-based cost management?
Function-based cost management is the budgeting philosophy that the budget controller (in this case the manager) budgets costs based on the function of a department, person, area, etc. Generally, the manager assigns costs according to the importance of the function to that manager.
How does the cost accounting function assist in the management of a business?
the function of cost accounting is to provide management of differents acitivities in a business
What is functional costing?
Function-based cost management is the budgeting philosophy that the budget controller (in this case the manager) budgets costs based on the function of a department, person, area, etc. Generally, the manager assigns costs according to the importance of the function to that manager.
What are the tools and techniques of cost management?
Activity based Costing, Target costing, Just in Time,Total Quality Management,
What is the financial management function?
what is financial management function?
What is function financial management?
what is financial management function?
Why Customer Relation Management is costly in marketing?
As this is one of the primary function of marketing that's why it requires more cost.
3Explain the function of OS in memory management?
function of memory management
Importance cost management in a project?
Cost Management is critical to Project Management. A project cannot be initiated with Cost Management not in place, since cost management is about estimating, budgeting, monitoring, and analyzing the cost information.
Find the cost function from marginal cost?
Marginal cost function is a derivative of the cost function. To get the cost function, you need to do the opposite, that is, integrate.
What has the author James A Knight written?
James A. Knight has written: 'Value based management' -- subject(s): Value analysis (Cost control), Industrial management
What is the function of Emerson Process Management?
Emerson Process Management company based in Irvine, California, specializes in automation services technologies. They create software and systems that aid in manufacturing.
