What relevant role do these cash flows provide in management decision-making?

Cost Accounting

Assignment Question(s): (Marks 15)

Q1. Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What relevant role do these cash flows provide in management decision-making? Provide a suitable example in context to an organization to support your answer. (3 Marks)

Q2. What are the various methods of estimating cost functions? Explain each method with suitable numerical examples. (4 Marks)