(a) Explain what you understand by the term cost behaviour, why it is important in the context...
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(a) Explain what you understand by the term ‘cost behaviour’, why it is important in the context of cost and management accounting, and what behaviour patterns may be encountered. (8 marks)
(b) What factors influence the behaviour of costs in response to changes in an organization’s level of activity?
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Related Book For
Accounting Costing And Management
ISBN: 9780198328230
2nd Edition
Authors: Riad Izhar, Janet Hontoir
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