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What is “Truth” in Managerial Costing?
Determining “cost” can be very frustrating. Accountants calculate costs for financial reports, but use different cost calculations for other decisions. Sometimes the term “relevant” cost is used. Sometimes people seek the “true” cost...are other costs lies, are they irrelevant? The December RCA discussion will present a logical approach to sort out the clutter around “truth” as it applies to costing in organizations. You may find an answer or develop a new opinion.

Dec 10, 2021 12:00 PM in Eastern Time (US and Canada)

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