Today I attend for my T10- managing finances class…
A funny explanation given by the lecturer, Mr. Hun…
He explain the term relevant cost
And non relevant cost which also can known as irrelevant cost
Does u know how is he explain in the lesson today?
He said that relevant cost is the cost which is relevant
And irrelevant cost is the cost which is non relevant…
Does he explain the term?
Haha… We all don’t think so…
Better than I find the definition myself…
Revathi and I were laughing silently at the back without anyone knowing…
All the terms he explains were very funny …
But I learn one term in the lesson today which the only one he explain in the clearer explanation…
I learn what the sunk cost is…
Sunk cost also known as historical cost which the cost has used in the past before starting a new project…
So after tomorrow I finish my progress test 2…
I would like to study all the terms such as opportunity cost, incremental cost, differential cost, avoidable cost (all this cost are called relevant cost),committed cost, notional cost or imputed cost, sunk cost (all this cost are called irrelevant cost)…
Beside that I also have to study and understanding the assumption in the relevant cost…
According to the lecturer’s experience 10% will be based on the commonsense and the assumption question…
I better make some research for this subject…
Among the lecturers teaching CAT programme…
I prefer attend Ms Addlance’s class…
But the question she set for all the test and mock exam are very tough…
She is a responsible lecturer and can teach in the other ways to make us understand…
She teaches us since we are having our 1st semester…
So she teaches us 3 papers which are T2, T4 and T7…
All papers are about costing…
I also prefer Ms Ang’s class…
She can teach very well and all the terms are in clear explanation…
She teaches me T8- Implementing Audit Procedures…
She likes to teach in a small group because our batch is the noisiest batch…
Haha… Every time when T8 class just has 3 people she will be happy…
The other 10 peoples always skip the class…
I have received news…
Hmm quite sad actually…
Our lovely Ms Nadia is going to leave soon by this Thursday…
She is going to the other corporation soon…
We will miss her a lot…
Even though she just teaching us T5 revision class once or twice,
We will also miss her…
She helps us a lot in the every problem we facing…
Thanks a lot and have a new life in the new company…
Bless u…
