Key words
Management
Objectives
An introductory course in financial management
Topics
- Classification of costs
- Fixed costs vs. variable costs
- Cost Systems
- Standard Cost System vs. Actual Cost System - Analysis of the diferences
- Absorption Costing vs. Direct Costing - Break even analysis
- Investment appraisal : basic methods
Prerequisites
General Economics (see First Year)
Final Objectives
The student must be able to make an accurate costprice analysis and understand the rendability criteria by which farms or other companies are analysed and aompared.
Materials used
- Teacher's course
Study costs
Cost: 5.0 EUR
± 5 Euro
Study guidance
Students can always make an appointment with the teacher.
Teaching Methods
- lectures - case studies - exercises - home study
Assessment
- Scoring system :
written examination, most exercises
Lecturer(s)
Kathy SCHAUBROECK
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