管理会计课件chapter5.pptVIP

What is Relevance? Relevant information has two characeristics: 1. relevant to the decision issue 2. different between alternatives e.g., Decision Process step one: collect information step two: make predictions step three: apply a decision model to make decision step four: implemment and evaluate Accuracy Accuracy and relevance trade-off between the two Absorption Income Statement Sales $40,000 Less manufacturing COGS Direct material $14,000 Direct lab