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This module discusses using costs in decision making as well as accumulating and assigning costs

Accounting

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This module discusses using costs in decision making as well as accumulating and assigning costs. Discuss all of the following (2 pages)

• Different managerial uses of cost information • The meanings and decision making uses of sunk costs, opportunity costs,

avoidable costs and relevant costs • Experiences you have with these costs, whether it be in your daily personal life

or in your professional life