Study Guide

Objective

You demonstrate familiarity with the basic concepts of cost accounting.
You know how to apply different costing methods to allocate costs to products and services.
You know how to price products and services based on cost calculations.
You know how to utilize cost information and various predictive calculations to support decision-making, considering the perspective of financial responsibility.

Content

How do you differentiate between various cost concepts and recognize their specific characteristics?
How do you apply different costing methods to allocate costs to products and services?
What is the significance of costs in pricing?
How can cost information and different calculations be utilized to support decision-making?

Qualifications

Completion of the Profitability Planning course or equivalent knowledge is required