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Budgetary Planning and Control
- Use budgets to detect variances.
- Formulate corrective actions to address variances.
- Determine appropriate budget type for business situations.
Decision Making Objectives
- Perform incremental analysis to make informed business decisions.
Introduction to Financial Reporting
- Differentiate between purpose, content, and users of the financial statements.
- Recognize the major aspects of the regulatory environment.
Financial Statement Analysis
- Perform ratio analysis using financial statements.
- Conduct comparative analysis of financial statements.
Costâ Volumeâ Profit Analysis
- Use variable and absorption costing methods to make informed business decisions.
- Use costâvolumeâprofit analysis to make informed business decisions.
- Differentiate between job, process, and hybrid costing systems.
- Use costing methods to make informed business decisions.
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