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Yes, this book is specifically written and structured to cover 100% of the syllabus for the paper MC. 309 (Strategic Cost Management) for the MCom 3rd Semester program at Panjab University, Chandigarh.
The book breaks down complex topics like ABC and the Balanced Scorecard into structured, step-by-step explanations. It clearly defines key terms like cost drivers and activity hierarchy, and explains the perspectives of the Balanced Scorecard in a logical, student-friendly manner.
Yes, the book covers the computational aspects of performance measurement and control, including detailed explanations and examples for calculating Return on Investment (ROI), Residual Income (RI), Economic Value Added (EVA), and the mechanics of Transfer Pricing.
Yes, the chapter on the Theory of Constraints (TOC) explains the core concepts, including identifying and managing bottlenecks, with relevant examples to illustrate its application in a business context.
Absolutely. The book provides a thorough understanding of the traditional budgeting cycle and also dedicates significant space to modern techniques like Activity-Based Budgeting, the Kaizen approach to budgeting, and Zero-Based Budgeting (ZBB).
The book includes a dedicated section on Quality Cost Management as per the syllabus, covering the concepts of quality costs, their categorization (prevention, appraisal, internal & external failure), and the principles of quality cost reporting.
Yes, the book explicitly highlights the limitations of traditional volume-based costing systems and contrasts them with the methodology and advantages of the Activity-Based Costing (ABC) system.
Yes, the book covers the nature of value-chain analysis and delves into its components, specifically activity analysis and linkage analysis, explaining their application in strategic cost reduction and value addition.
This book is authored based on the current and active syllabus for MCom 3rd Semester at Panjab University. We recommend checking the publication year to ensure you are purchasing the most recent version.
While it is specifically tailored for Panjab University, students from other universities with a similar postgraduate curriculum in Strategic Cost Management may find the book highly relevant and beneficial as it covers universally important topics in the field.
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Yes, this book is specifically written and structured to cover 100% of the syllabus for the paper MC. 309 (Strategic Cost Management) for the MCom 3rd Semester program at Panjab University, Chandigarh.
The book breaks down complex topics like ABC and the Balanced Scorecard into structured, step-by-step explanations. It clearly defines key terms like cost drivers and activity hierarchy, and explains the perspectives of the Balanced Scorecard in a logical, student-friendly manner.
Yes, the book covers the computational aspects of performance measurement and control, including detailed explanations and examples for calculating Return on Investment (ROI), Residual Income (RI), Economic Value Added (EVA), and the mechanics of Transfer Pricing.
Yes, the chapter on the Theory of Constraints (TOC) explains the core concepts, including identifying and managing bottlenecks, with relevant examples to illustrate its application in a business context.
Absolutely. The book provides a thorough understanding of the traditional budgeting cycle and also dedicates significant space to modern techniques like Activity-Based Budgeting, the Kaizen approach to budgeting, and Zero-Based Budgeting (ZBB).
The book includes a dedicated section on Quality Cost Management as per the syllabus, covering the concepts of quality costs, their categorization (prevention, appraisal, internal & external failure), and the principles of quality cost reporting.
Yes, the book explicitly highlights the limitations of traditional volume-based costing systems and contrasts them with the methodology and advantages of the Activity-Based Costing (ABC) system.
Yes, the book covers the nature of value-chain analysis and delves into its components, specifically activity analysis and linkage analysis, explaining their application in strategic cost reduction and value addition.
This book is authored based on the current and active syllabus for MCom 3rd Semester at Panjab University. We recommend checking the publication year to ensure you are purchasing the most recent version.
While it is specifically tailored for Panjab University, students from other universities with a similar postgraduate curriculum in Strategic Cost Management may find the book highly relevant and beneficial as it covers universally important topics in the field.
