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How to Manage Future Costs and Risks Using Costing and Methods

492 pages5 hours


This Book helps organizations apply knowledge about past performance and risks to make meaningful predictions about costs and risks associated with products, processes, and organization, discussing basic,defining key terms that are often used in different ways, such as "life cycle," "cost," and "expense.", explain how activity-based costing and traditional risk management can be used to apply techniques to new commercial arenas. This book consists of three illuminating case studies, addresses a variety of issues, such as:
1.The dynamics of multiple products and cost objects
2. Overhead cost considerations
3. Cash flow and costing analysis
4. How Monte Carlo considerations can help manage uncertainty and enhance the tracing of critical success factors

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