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Every company makes critical operational decisions daily. These decisions could have a major impact on your company’s operations and profitability, and making the right decision is crucial.
This course provides you with a framework for making these decisions, as well as helps you identify the information that is relevant to making these critical decisions in your organization.
Learning Objectives
- Observe how to determine which costs are relevant to these important decisions.
- Differentiate the types and classification of relevant costs, including opportunity costs, avoidable costs, differential costs, differential revenues, and sunk costs.
- Discuss a framework for making these critical decisions.
- Articulate the seven critical decisions that many companies face today.
- Discuss the types of decision data, including qualitative and quantitative, that impact these decisions.
Last updated/reviewed: August 13, 2023
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Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
David FiondaCloud Accounting Expert