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This course introduces application of techniques in the analysis of relevant data to provide information for managerial planning and control, and decision making. While computational competency is important, this course will emphasize more on the application of techniques, analyzing results obtained and making recommendation that go beyond cost and financial aspects.
The topics covered include cost-volume-profit analysis, budgeting and budgetary control, standard costing and variance analysis, relevant cost concept and short term decision making.
