Cost reduction is one of the most important objectives in all organizations in General and should work to provide services to the public seamlessly and reduced cost.
~Session Contents:-
• Financial budgeting (operating and capital)
• Cost classification concepts and terminology (direct and indirect/variable and fixed)
• Financial analysis using financial ratios
And other topics that help managers and decision makers at all levels to take effective financial decisions.
~Training outcomes:-
• Ability to prepare budgets
• Ability to categorize and types of costs
• The ability to determine the costs of production and industrial stages.
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