The course explores the nature and behaviour of cost in an organization and the approaches used to report and manage it. The course aims to equip the learner with an understanding of the essential terminologies and concepts used in costing so that the learner is able to identify costs, interpret the related information and use the costing information in decision making. After the successful completion of this lecture, you will be able to understand the following: The concept of the Costing System. Various types of costing systems. Different classification of cost. Various cost control of systems. Calculation of cumulative cost variance. Various strategies of pricing policy. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Understanding cost system and its classification Quiz: Understanding Cost System And Its Classification Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the knowledge of the learner in the field. This certificate is for everyone eager to know more and gets updated on current ideas in their respective field. We recommend this certificate for the following audience. CEO, Director, Manager, Supervisor Cost Control Manager Finance Manager Operatons Manager Organizational Behaviour Specialist Financial Analyst Team Lead Average Completion Time 2 Weeks Accreditation 1 CPD Hour Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
QLS Level 6 Diploma | FREE QLS Hard Copy Certificate | 11-in-1 Bundle | FREE PDF Certificates | Lifetime Access
Level 4 Diploma | FREE QLS Endorsed Certificate | 11 CPD Courses & PDF Certificates | 140 CPD Points | CPD Accredited
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