#34 Decision Making with Cost Accounting | Part III | Foundations of Accounting & Finance

Welcome to 'Foundations of Accounting & Finance' course ! This lecture continues the discussion on decision-making using cost accounting information, covering examples like the 'make or buy' decision and the optimal allocation of resources. It emphasizes the concept of relevant costing, focusing on future costs that differ between alternatives. NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications. To understand various certification options for this course, please visit https://nptel.ac.in/courses/110106368 #DecisionMaking #CostAccounting #MakeOrBuyDecision #RelevantCosting #ResourceAllocation