Accounting · 5th Year · Introduction to Management Accounting · 5.º Período
Cost Classification and Behaviour
Identifying different types of costs and understanding how they behave with changes in activity levels.
NCCA Curriculum SpecificationsNCCA Leaving Certificate Accounting Syllabus, Section 2: Management Accounting - Costing PrinciplesNCCA Leaving Certificate Accounting Syllabus, Section 2: Management Accounting - Differences between Management and Financial Accounting
About This Topic
Identifying different types of costs and understanding how they behave with changes in activity levels.
Key Questions
- What is the difference between fixed and variable costs?
- How are step-fixed costs identified?
- Why is cost classification important for decision making?