Management accounting: Information for creating and managing value (4/e): Chapter 15 - Kim Langfield-Smith, Helen Thorne
Management accounting: Information for creating and managing value (4/e): Chapter 15 - Kim Langfield-Smith, Helen Thorne
Chapter 15 - Managing costs and time for customer value. After completing this chapter, you should be able to: define ‘cost management’ and explain how it differs from conventional approaches to cost control, use the four steps of activity-based management to reduce costs and increase customer value, identify opportunities for cost reduction by undertaking value analysis,...