Slide 11 1 Accounting The Make up of Costs Dr Clive Vlieland-Boddy Slide 2 2 StrategyEvaluation Feedback Forecasting The Functions of Management Slide 3 3 Behavior – how…
Slide 1 Chapter 2 Slide 2 Basic Cost Terminology Cost – resource sacrificed to achieve a specific objective Actual cost – a cost that has occurred Budgeted cost – a…
Slide 1 STRATEGIC COST MANAGEMENT - BA122B - Fall 2005Slide 2-1 Mgt. Acctg.--Strategic Implications n M/A’s must use KTT in their business decisions to meet “customer”…
Slide 1 Classifying Costs (a) By Element Material Labour Expense By Traceability Direct Indirect Slide 2 Classification by element The Product Material…
Slide 1 Cost Terminology and Concepts Slide 2 Basic Cost Terminology Cost – resource sacrificed to achieve a specific objective Actual cost – a cost that has occurred…
Managerial Accounting Revision for Final Exam Part 01 - Chapter 2 Slide 2 Comparison of Financial and Managerial Accounting Financial Accounting Managerial Accounting 1.…