Managerial Decisions

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Definitions
Discretionary Costs
Discretionary Costs Managed Costs Managerial Decisions Advertising Expenses Research Expenditure Budget Control
Discretionary Costs, also known as Managed Costs, are those costs incurred as a result of managerial decisions where the extent of these costs is subject to managerial discretion. These costs often relate to specific amounts or follow a pre-determined formula, such as a percentage of sales revenue. Examples include advertising and research expenditure.
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