Explain the nature of the uncertainty and global instability

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Assignment:

Recently, the dynamics of cost accounting have changed dramatically; analyze the algebraic assumptions used in the criteria of cost accounting to generate the normal and quadratic equations for the cost functions. As a measure of the cost volume analysis in the cots accounting framework, explain the nature of the uncertainty and global instability. Connect the final product of operating income to the CVP analysis controlled by managers. What are the impacts of the expected values from the Single-number "best estimates".

Reference no: EM133426295

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