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Cost Management: Accounting and Control

Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

It is important to design evaluation and reward systems to minimize the incentives
to pursue undesirable behavior. Yet designing a perfect reward system is not a
realistic expectation. Managers have an obligation to avoid abusing the system.

Cost Management: Accounting and Control

COST MANAGEMENT emphasizes that changing conditions often require a change in systems. Emphasizing this point stresses the dynamic and exciting nature of the field. By taking a systems approach -- one that first covers functional-based cost and control and then activity-based cost systems -- students understand how to understand and manage any cost management system. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.