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Chapter 11

Chapter 11

Lecture 20. Chapter 11. Decision Making and Relevant Information. Readings Chapter 11,Cost Accounting, Managerial Emphasis, 14 th edition by Horengren Chapter 13, Managerial Accounting 12 th edition by Garrison, Noreen, Brewer. Learning Objectives.

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Decision Making with Relevant Costs and a Strategic Emphasis

Decision Making with Relevant Costs and a Strategic Emphasis

Decision Making with Relevant Costs and a Strategic Emphasis. Chapter Nine. Learning Objectives. Define the decision-making process and identify the types of cost information relevant for decision making Use relevant and strategic cost analysis to make special-order decisions

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Decision-Making with A Strategic Emphasis

Decision-Making with A Strategic Emphasis

Chapter Eleven. Decision-Making with A Strategic Emphasis. Learning Objectives. Define the decision-making process and identify the types of cost information relevant for decision making Use relevant cost analysis and strategic analysis to make special-order decisions

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CHAPTER 11

CHAPTER 11

CHAPTER 11. Decision Making and Relevant Information. Decision Models. A decision model is a formal method of making a choice, often involving both quantitative and qualitative analyses Managers often use some variation of the Five-Step Decision-Making Process.

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334 views • 32 slides
CHAPTER 11

CHAPTER 11

CHAPTER 11. Decision Making and Relevant Information. Decision Models. A decision model is a formal method of making a choice, often involving both quantitative and qualitative analyses Managers often use some variation of the Five-Step Decision-Making Process.

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327 views • 32 slides
Chapter Four Lecture Notes

Chapter Four Lecture Notes

Chapter Four Lecture Notes. Understanding Costs. It depends! How a manager or policy maker looks at and measures cost depends on why the cost analysis is being done. What question are we trying to answer? Cost Objective is term used for the focus of the cost analysis.

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Relevant Costs for Decision Making

Relevant Costs for Decision Making

Relevant Costs for Decision Making. Topic Nine. Cost Concepts for Decision Making. A relevant cost is a cost that differs between alternatives. 1. 2. Identifying Relevant Costs.

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