Abstract
As pointed out earlier, there exists a close relationship between cost accounting and hierarchical planning. In fact, many modern developments in cost accounting, like behavioral accounting or investment-oriented cost evaluations, can be extracted from the basic concepts of hierarchical planning. Up to now production and cost theory is still taken as a theoretical basis for cost accounting. This proved to be more or less sufficient as long as one considered traditional cost systems like full cost or direct cost systems. For modern production systems involving stochastics, dynamics, and even non-continuous variables, traditional cost theory, however, is a too narrow concept. This becomes even more obvious if one abandons the traditional one-person decision making paradigm and considers real management decision processes with more than one decision maker.
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© 1999 Springer-Verlag Berlin Heidelberg
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Schneeweiss, C. (1999). Cost Accounting. In: Hierarchies in Distributed Decision Making. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-03830-7_9
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DOI: https://doi.org/10.1007/978-3-662-03830-7_9
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-03832-1
Online ISBN: 978-3-662-03830-7
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