Chapter
Activity Based Management and Just in Time (JIT)
Strategic Cost ManagementSection A: Strategic Cost Management for Decision Making (60%)10 marks
5 topics
- Activity Based Cost Management - Concept, Purpose, Benefits, Stages, Relevance in Decision-making and its Application in Budgeting, Responsibility Accounting, Traditional vs. ABC System – Comparative Analysis
- JIT – Introduction, Benefits, Use of JIT in measuring the Performance
- Throughput Accounting
- Back flush Accounting
- Benchmarking