2026-09-26T12:44:39.576004449Zhttps://repository.nwu.ac.za/server/oai/requestoai:repository.nwu.ac.za:10394/391182022-05-16T15:08:25Zcom_10394_26463col_10394_26473
Sorgdrager, A.J.E.
Arangies, Jacob
2022-05-16T14:52:07Z
2022-05-16T14:52:07Z
1965
http://hdl.handle.net/10394/39118
MCom, North-West University, Potchefstroom Campus
There are many factors that play a role in decision-making.
One of them, which I think is of the greatest
importance, is costs. In fact , there are very few decisions
in business in which cost is not involved. Decisions
are often wrongly taken because the wrong kind
of costs were taken into consideration. The great problem
in decision-making is to decide which are the relevant
costs in every case. The purpose of this study is
to determine to what extent costs and decisions correlate
and t o what extent costs are being used as a basis for
decisions in practice.
The cost accounting system in South Africa is based on
past experience as influenced by the Anglo- Saxon school
of thought who considers cost accounting a technique
whereas it is in fact a normative science. This is
mainly due to a dire shortage of literature regarding
cost accounting in South Africa.
In chapter 1 the Anglo- Saxon concept of cost is contrasted
with that of Potchefstroom.
Chapter 11 deals with the nature and scope of the problem.
The factors and problems to cope with in decision-
making are briefly discussed. The conclusion is a
summary of the different kinds of cost which can play
a role in decision-making.
Chapter 111 contains a discussion of the part played by,
and the use of, incremental cost , sunk cost, future cost,
opportunity cost, escapable cost, out-of-pocket cost,
imputed cost, traceable cost and replacement cost in decision-
making.
Chapter lV is dedicated t o the direct costing method and
its use in making decisions.
Chapter V deals with break- even analysis as a management
tool in decision- making.
Chapter Vl deals with the cost- profit-volume relationships.
In the last chapter a discussion is given of how the
problem of making decisions is handled in practice.
Masters
other
North-West University (South Africa)
Besluitkoste as 'n bestuursprobleem
Thesis
open.access