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LTCE 847e Mastering Budgeting, Depreciation, Historical Cost, Useful Life, etc.
2
CEUs
The concept of depreciation is defined and illustrated. Also, the concept of using "costs" in making your managerial decisions is explored, e.g. variable costs, fixed costs and total variable costs. Direct and indirect costs are defined and explored. Types of budgets and the steps in preparing a budget for the facility are presented.
