Relevant Cost for Short-Term Decision Making

Overview

Short-term decision-making is vital in any business.

This course introduces several techniques used for short-term decision-making as well as relevant costs and revenues for decision-making. By identifying the optimal production plan when resources are limited, you can determine the most effective course of action that will drive company flexibility and success.

Value added topics:

• Factors for short-term decision-making
• Relevant cost and revenue
• Product mix decisions

Gain practical experience.

The exercises use real-world examples and are designed to equip you with the skills you need to apply advanced costing strategies and acquire a deeper understanding of the decision-making process to assist financial reporting and control.

This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.

Highlights

Key Topics

• Introduction to short-term decision scenarios
• Relevant cost short-term decision making
• Product mix decisions

Prerequisites

None

Designed For

Who Will Benefit

• Global accounting and finance professionals
• Management accountants
• CPAs in public practice
• Consulting firm professionals

Objectives

Learning Outcomes

• Identify factors that affect short-term decision-making.
• Recognize relevant costs and revenues to assist in short-term decision-making.
• Recognize the most profitable use of limited resources.