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Chpt1 Introduction

Cost benefit approach 2 full recognition of

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Unformatted text preview: value General Guidelines for Cost Accounting 1. Cost-benefit approach 2. Full recognition of behavioral as well as technical considerations 3. Using different costs for different purposes Using different costs for different purposes 4 Standards of Ethical Conduct Institute of Management Accountant (IMA) Competence Integrity Knowledge and Skill Free from Economic Conflicts Confidentiality Keep Client Info Confidential Objectivity Report Objective Information Course Overview 1. Measuring cost of making product/services 2. Planning for future operations 3. Evaluating performance and controlling 4. Decision-making using managerial Decisionaccounting information accounting information 5...
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