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Relevant Costs for Decision Making (I): Basic Concepts

Rosanas, Josep Maria

Relevant Costs for Decision Making (I): Basic Concepts

TECHNICAL NOTE

CN-155-E

ACCOUNTING AND CONTROL

ENGLISH

Description:

This note introduces the basic concepts of relevant costs for decision-making. After briefly examining the decision-making process, differential cost, differential revenues, differential profit and opportunity cost of alternatives of action are defined, and operational rules to chose between them are given.
The note ends with the analysis of the break - even point, both for one and more than one product.

Number of pages

20

Keywords

Costs

Publication date

1 Jan 1986

Availability: In stock

€6.75
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