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Managerial uses of cost information

 

This module discusses using costs in decision making as well as accumulating and
assigning costs. Discuss all of the following (2 pages)
• Different managerial uses of cost information
• The meanings and decision making uses of sunk costs, opportunity costs,
avoidable costs and relevant costs
• Experiences you have with these costs, whether it be in your daily personal life
or in your professional life

 

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