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About BUS254 - Lecture01 Cost Concepts - 1slideperpage
This document provides an overview of an introductory lecture on managerial accounting and cost concepts. It introduces the course, discusses what managerial accounting involves, and provides examples of how managerial accounting can be used to make business decisions across planning, organizing, leading, and controlling functions. Specific examples include determining appropriate prices, evaluating new business opportunities, setting budgets, coordinating departments, providing employee rewards, and assessing divisional performance. The document also notes that managerial accounting can be applied to service organizations through analyzing questions like viability of additional clinics, buying vs leasing planes, and pricing structures.
Detailed Information
| Author: | ['John'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 57 |
| Language: | English |
| Format: | |
| Price: | FREE |
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