CMA Management Tools- Effective Decision Making Techniques
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Brief Introduction
Part 2 Exam-Section C-Incremental analysis;Relevant costs; Cost/Volume/Profit. Mgmt Concepts all managers should knowDescription
Decision Analysis (20%of exam questions - Levels A, B, and C difficulty)
Questions in this section will be most Level C - computational questions worth from 3 to 5 marks
1. Cost/volume/profit analysis a. Breakeven analysis b. Profit performance and alternative operating levels c. Analysis of multiple products
2. Marginal analysis a. Sunk costs, opportunity costs and other related concepts b. Marginal costs and marginal revenue c. Special orders and pricing d. Make versus buy e. Sell or process further f. Add or drop a segment g. Capacity considerations
3. Pricing a. Pricing methodologies b. Target costing c. Elasticity of demand d. Product life cycle considerations e. Market structure considerations
Requirements
- Requirements
- You should have a business degree.