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Number of Pages 4
This research paper: The way costing takes place has changed as a result of technological advances in processes for production and costing. This paper is written in three parts, the first assesses how value based costing approaches can provide advantages. The second part of the paper assesses scenarios where new costing may be appropriate and scenarios were traditional costing may be better used. The last part fop the paper considers the cost profit volume model and argues it is still useful.
File: TS14_TEcost21.rtf
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