Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What relevant role do these cash flows provide in management decision.

ACCT-301: Cost Accounting

Assignment Question(s): (Marks 15)

Q1. Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What relevant role do these cash flows provide in management decision

Note: Your answer must include suitable examples of relevant and irrelevant cash flows for management decision-making. (Week 2, Chapter 1)

 

Q2. What are the various methods of estimating cost functions? Explain each method with suitable numerical examples.   (4Marks)

Note: You are required to assume values for numerical examples of your own, and they should not be copied from any sources.   (Week 3, Chapter 2)