Pre-requisite: 52002
Pre-requisite: 55501
This unit focuses on an analysis of the behaviour of costs, particularly as they influence and affect management decision-making. The unit reviews the process of budgeting (operational and financial) as an aid to management in planning and controlling business activities. Also included is a study of the principles of Job and Process Costing systems, as well as various other facets of accounting which support management decision-making.