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Relevant costs

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  • Making decisions is one of the basic functions of a manager. To be successful in decision making, managers must be able to tell the difference between relevant and irrelevant data and must be able to correctly use the relevant data in analyzing alternatives. The purpose of this chapter is to develop these skills by illustrating their use in a wide range of decision-making situations.

    ppt87p nomoney13 04-05-2017 26 1   Download

  • (bq) part 1 book "cost accounting" has contents: introduction to cost and management accounting in a global business environment, introduction to cost management systems, organizational cost flows, job order costing, process costing,...and other contents.

    pdf551p bautroibinhyen27 11-05-2017 34 4   Download

  • (bq) part 2 book "managerial accounting" has contents: decentralization and performance evaluation, relevant costing for managerial decisions, capital budgeting and investment analysis, reporting and analyzing cash flows, analyzing and interpreting financial statements

    pdf339p bautroibinhyen30 15-06-2017 34 4   Download

  • (bq) part 2 book "business accounting and finance" has contents: the nature of costs; relevant costs, marginal costs, and decision-making; the control budget and variance analysis; financing the business, and the cost of capital; investment appraisal and the capital budget.

    pdf420p bautroibinhyen27 11-05-2017 24 3   Download

  • Chapter 11 - Relevant costs for decision making. After studying Chapter 11, you should be able to: Distinguish between relevant and irrelevant costs in decisions, prepare an analysis showing whether to keep or replace old equipment, prepare an analysis showing whether a product line or other organizational segment should be dropped or retained,...

    ppt84p tangtuy11 20-05-2016 53 2   Download

  • (bq) part 1 book "managerial accounting" has contents: profit planning, flexible budgets and performance analysis, standard costs and operating performance measures, relevant costs for decision making, segment reporting, decentralization, and the balanced scorecard,...and other contents.

    pdf442p bautroibinhyen23 02-04-2017 29 1   Download

  • (bq) part 2 book "managerial accounting for managers" has contents: standard costs and operating performance measures, segment reporting, decentralization, and the balanced scorecard, relevant costs for decision making, capital budgeting decisions.

    pdf342p bautroibinhyen23 02-04-2017 29 1   Download

  • Chapter 14 - Decision making: Relevant costs and benefits. After completing this chapter, you should be able to: Describe seven steps in the decision-making process and the managerial accountant’s role in that process; explain the relationship between quantitative and qualitative analyses in decision making; list and explain two criteria that must be satisfied by relevant information.

    ppt12p nomoney9 04-04-2017 49 1   Download

  • After completing this chapter you should be able to: Indicate the steps in management’s decision-making process, describe the concept of incremental analysis, identify the relevant costs in accepting an order at a special price, identify the relevant costs in a make-or-buy decision,...and other contents.

    ppt67p cutyhn 05-04-2017 45 1   Download

  • (bq) part 1 book “management accounting” has contents: the nature and purpose of management accounting, decision making and relevant costing, budgeting, cost behaviour and cvp analysis, overheads, absorption and marginal costing, overhead costing – activity-based costing.

    pdf180p dien_vi09 13-10-2018 27 0   Download

  • Chapter 23 - Relevant costing for managerial decisions. After you have read this chapter you should be able to: Describe the importance of relevant costs for short-term decisions, evaluate short-term managerial decisions using relevant costs, determine product selling price based on total costs, identify relevant costs and apply them to managerial decisions,...

    ppt18p dien_vi01 21-11-2018 19 0   Download

  • Chapter 14 - Decision making: Relevant costs and benefits. After completing this chapter, you should be able to: Describe seven steps in the decision-making process and the managerial accountant’s role in that process; explain the relationship between quantitative and qualitative analyses in decision making; list and explain two criteria that must be satisfied by relevant information.

    ppt24p thiendiadaodien_8 24-02-2019 27 0   Download

  • Chapter 26 - Incremental analysis and capital budgeting. In this chapter, the learning objectives are: Indicate the steps in management’s decision-making process, describe the concept of incremental analysis, identify the relevant costs in accepting an order at a special price, identify the relevant costs in a make-or-buy decision.

    ppt75p shiwo_ding2 03-04-2019 12 0   Download

  • The purpose of this paper is to investigate the adoption of an Activity-Based Costing (ABC) system to provide relevant cost information for enterprises in the business of building and selling Internet of Things (IoT) based products.

    pdf18p kelseynguyen 26-05-2020 4 0   Download

  • Chapter 14 - Decision making: Relevant costs and benefits. After completing this chapter, you should be able to: Describe seven steps in the decision-making process and the managerial accountant’s role in that process; explain the relationship between quantitative and qualitative analyses in decision making; list and explain two criteria that must be satisfied by relevant information;...

    ppt24p koxih_kothogmih7 29-09-2020 10 0   Download

  • The number of septic total hip arthroplasty (THA) revisions is increasing continuously, placing a growing financial burden on hospitals. Orthopedic departments performing septic THA revisions have no basis for decision making regarding resource allocation as the costs of this procedure for the departments are unknown.

    pdf9p vioregon2711 22-02-2021 2 0   Download

  • Chapter 4 - Relevant costs for nonroutine operating decisions. The following will be discussed in this chapter: What is the process for identifying and using relevant information in decision making? How is relevant quantitative and qualitative information used in special order decisions? How is relevant quantitative and qualitative information used in keep or drop decisions?...

    ppt59p lovebychance01 25-04-2021 0 0   Download

  • CHAPTER 12 Relevant Costing After completing this chapter, you should be able to answer the following questions: What factors are relevant in making decisions and why? How do opportunity costs affect decision making?

    pdf52p mama15 30-09-2010 126 13   Download

  • In response to various pressures, businesses have begun to report externally on their environmental policy and performance. The significance of such external reporting depends on the extent of changes in management culture and systems and on how new measures influence management decisions. The 'greening of accountancy' involves a reappraisal of how to identify and measure the relevant costs of processes and products (such as 'Total Cost Assessment') and a redesign of incentive mechanisms.

    pdf28p taisaovanchuavo 26-01-2013 54 8   Download

  • (bq) part 2 book "cost accounting - a managerial emphasis" has contents: decision making and relevant information, pricing decisions and cost management, process costing, management control systems, transfer pricing, and multinational considerations, performance measurement, compensation, and multinational considerations,...and other contents.

    pdf480p bautroibinhyen27 11-05-2017 42 4   Download

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