Product Costing & Intro to Relevant Costing

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BSNS115
Sophia Lynch
Flashcards by Sophia Lynch, updated more than 1 year ago
Sophia Lynch
Created by Sophia Lynch over 4 years ago
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Resource summary

Question Answer
Planning & decision making in the SHORT TERM = ? Relevant Costing
What does relevant mean in this context? Does it matter to this decision?
What should you NOT include in your quantitative analysis? Non-relevant information!
There is always a Q____ P____ and Q____ C_____ . Quantitative Process Quantitative Considerations
Operational Activities must align with what? Strategic goals.
What are factors for the business? (4) 1. Strategic 2. Competitive 3. Employees/Expertise 4. Resourcing
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