P: A311. Product costing and strategic cost management. Covers several
accounting systems and techniques that ascribe costs to products,
services, and other activities, and the costing systems' potential effects
on business decisions in light of a firm's strategic, technological, and
environmental position. Particular emphasis is placed on interpretation of
the numbers and analyses generated by various accounting systems and the
pitfalls most commonly encountered in their use. Not open to students with
a concentration in accounting.