Finance for Managers
QUESTION
Relevant costing is a key technique used in decision making. How does it help a company to make decisions?
Using examples, discuss the advantages and disadvantages of the costing techniques that are used during a relevant costing decision.
What key factors does a business need to consider when making an investment? Discuss why these factors are important, the impact of not taking them into account and actions a company can take to ensure their decision is a strong one.