Basic Cost Concepts for Decision Making PREMIUM
Updating your learning record... Please wait.
Learning SummaryDescription:
This module provides an overview of the common cost classifications that are used for decision-making purposes. It will explain basic cost terminology associated with each classification and discuss briefly how each type of cost can be used for decision-making purposes.
Prerequisites:
None
Who should complete this module:
Managers, supervisors, entrepreneurs, and professionals in any discipline who work in service or manufacturing operations; CPA, CMA, CGMA, and other accounting professionals; educators and students in business and management accounting.
Learning Objectives:
In this module, you will learn to:
1. Differentiate the purpose of each cost classification.
2. Recognize the types of cost associated with each category.
3. Define each type of cost.
4. Determine when to use these costs for decision-making purposes.
1. Differentiate the purpose of each cost classification.
2. Recognize the types of cost associated with each category.
3. Define each type of cost.
4. Determine when to use these costs for decision-making purposes.
Competencies Acquired:
How to identify the appropriate type of cost to use for decision-making purposes.
Program Level:
Basic
Duration of Video:
5:09
CPE Credit:
0.5
Delivery Method:
QAS Self Study
Field of Study:
Finance
Additional Info:
For general information regarding our training modules, including practice exercises and assessments, or information on refunds, concerns and program cancellation policies, please see our Help section under the Resources menu.
Last Revision Date:
1 Aug 2019
ALSO IN THIS TRAINING SERIES
Sign Up