CHM 234  Industrial Management Accounting   2 + 0 +0 (2 Credits)

Industrial group and organization behaviour; industrial laws- legislation in wages, trademark and patents; concepts and procedures of decision making in the management of business operations- risk and uncertainty in decision making, theory of business behaviour.

Financial relationships- state, revenue, depreciation, taxes, capitals cash receipts and disbursement; Concepts of operation planning and control cost; Estimating, controlling and production costs; cost volume-profit relationships; Capital investment decision; Budget-sales and production.

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