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Strategic Cost Management For MCom 3rd Semester Panjab University Chandigarh

by Madhurima
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23 Customer Review

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  • Q1
    Is this book the latest edition and perfectly aligned with the current MCom 3rd Semester syllabus of Panjab University?
    A1

    Yes, this book is meticulously crafted to be 100% aligned with the latest syllabus for MC.309 - Strategic Cost Management for MCom 3rd Semester at Panjab University, Chandigarh.

  • Q2
    Does the book include solved numerical problems and practical examples for topics like ABC and Transfer Pricing?
    A2

    The book provides conceptual clarity and illustrative examples to explain complex topics. However, for a extensive set of solved numerical problems, students might need to refer to a dedicated problems and solutions book alongside this text.

  • Q3
    Is this book useful for professional courses like CA, CMA, or CS?
    A3

    While the core concepts may overlap, this book is specifically tailored for the Panjab University MCom syllabus. CA, CMA, and CS students should refer to study material provided by their respective institutes for exam-specific content.

  • Q4
    How does this book explain the connection between Activity-Based Costing (ABC) and Activity-Based Management (ABM)?
    A4

    The book clearly distinguishes between ABC as a costing system and ABM as its managerial extension, demonstrating how the information from ABC is used in ABM for process improvement and customer profitability analysis.

  • Q5
    Are there chapters dedicated to both traditional budgeting and modern approaches like Zero-Based Budgeting (ZBB)?
    A5

    Yes, Unit-III comprehensively covers the nature of traditional budgeting as well as dedicated sections on modern approaches like Activity-Based Budgeting, the Kaizen approach to budgeting, and Zero-Based Budgeting (ZBB).

  • Q6
    Does the content on Performance Measurement cover both financial and non-financial metrics?
    A6

    Absolutely. Unit-IV details the Balanced Scorecard, which is a strategic performance measurement framework that integrates financial perspectives with customer, internal process, and learning & growth perspectives.

  • Q7
    How in-depth is the coverage of Value Chain Analysis and its application?
    A7

    The book covers the nature of value-chain analysis, including activity analysis and linkage analysis, and explains its practical application in cost reduction and adding value to products and services.

  • Q8
    What is the page count and binding type of the book (e.g., paperback, hardcover)?
    A8

    This information is product-specific. Please check the product details section on the website for the exact page count and binding type for the specific listing you are viewing.

  • Q9
    Can this book be used for self-study, or is it strictly a classroom textbook?
    A9

    The book is written in a structured, student-friendly manner, making it suitable for both classroom learning and self-study for Panjab University MCom students.

  • Q10
    Are the performance measures for investment centers (ROI, RI, EVA) explained with their formulas and interpretive context?
    A10

    The book covers the measurement of performance for investment centers, including the formulas and conceptual understanding of Return on Investment (ROI), Residual Income (RI), and Economic Value Added (EVA).

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Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    Is this book the latest edition and perfectly aligned with the current MCom 3rd Semester syllabus of Panjab University?
    A1

    Yes, this book is meticulously crafted to be 100% aligned with the latest syllabus for MC.309 - Strategic Cost Management for MCom 3rd Semester at Panjab University, Chandigarh.

  • Q2
    Does the book include solved numerical problems and practical examples for topics like ABC and Transfer Pricing?
    A2

    The book provides conceptual clarity and illustrative examples to explain complex topics. However, for a extensive set of solved numerical problems, students might need to refer to a dedicated problems and solutions book alongside this text.

  • Q3
    Is this book useful for professional courses like CA, CMA, or CS?
    A3

    While the core concepts may overlap, this book is specifically tailored for the Panjab University MCom syllabus. CA, CMA, and CS students should refer to study material provided by their respective institutes for exam-specific content.

  • Q4
    How does this book explain the connection between Activity-Based Costing (ABC) and Activity-Based Management (ABM)?
    A4

    The book clearly distinguishes between ABC as a costing system and ABM as its managerial extension, demonstrating how the information from ABC is used in ABM for process improvement and customer profitability analysis.

  • Q5
    Are there chapters dedicated to both traditional budgeting and modern approaches like Zero-Based Budgeting (ZBB)?
    A5

    Yes, Unit-III comprehensively covers the nature of traditional budgeting as well as dedicated sections on modern approaches like Activity-Based Budgeting, the Kaizen approach to budgeting, and Zero-Based Budgeting (ZBB).

  • Q6
    Does the content on Performance Measurement cover both financial and non-financial metrics?
    A6

    Absolutely. Unit-IV details the Balanced Scorecard, which is a strategic performance measurement framework that integrates financial perspectives with customer, internal process, and learning & growth perspectives.

  • Q7
    How in-depth is the coverage of Value Chain Analysis and its application?
    A7

    The book covers the nature of value-chain analysis, including activity analysis and linkage analysis, and explains its practical application in cost reduction and adding value to products and services.

  • Q8
    What is the page count and binding type of the book (e.g., paperback, hardcover)?
    A8

    This information is product-specific. Please check the product details section on the website for the exact page count and binding type for the specific listing you are viewing.

  • Q9
    Can this book be used for self-study, or is it strictly a classroom textbook?
    A9

    The book is written in a structured, student-friendly manner, making it suitable for both classroom learning and self-study for Panjab University MCom students.

  • Q10
    Are the performance measures for investment centers (ROI, RI, EVA) explained with their formulas and interpretive context?
    A10

    The book covers the measurement of performance for investment centers, including the formulas and conceptual understanding of Return on Investment (ROI), Residual Income (RI), and Economic Value Added (EVA).

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