Reflection – Strategic Cost Management

Topics

-COST MANAGEMENT AND COMPETITIVE STRATEGIES

-Job Costing Value

-Cost Types

-Importance of CVP Analysis

Reflect on the discussions and explain how these topics will help you apply theory to practice in your professional career. Use specific examples regarding how you may use cost accounting in your career and also discuss the importance of cost accounting to a company’s bottom line as well as the strategic plan. Use the online library to located at least one resource that will support your answer.

Write your initial response in 3–4 paragraphs.

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