Page 73 - P1 Integrated Workbook STUDENT 2018

Chapter 5

Relevant costs and decision making

Outcome

By the end of this session you should be able to:

 identify and use relevant cash flows and qualitative factors

 explain the conflicts between cost accounting for profit reporting and stock
valuation and information required for decision making

 apply relevant cost analysis to various types of short-term decisions

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Integrated Workbook can
be found in Chapter 6 of your Study Text

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