Description

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.

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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.

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Professional Certificate in Understanding Cost System and its Classification in London 2024

By Metropolitan School of Business & Management UK

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