Recruitment and selection process covering meaning of recruitment, importance, recruitment process steps, manpower planning, manpower forecasting techniques, types of recruitment needs (planned, anticipated, unexpected), objectives, recruitment and selection process workflow, job description preparation, media selection, short-listing, interview process, factors affecting recruitment (internal and external), evaluation of recruitment program, and problems of recruitment.
Marginal costing and absorption costing covering meaning and features of marginal costing, income statement under marginal costing, direct costing, differential costing, absorption costing meaning and features, income statement under absorption costing, comparison between marginal and absorption costing.
Cost-volume-profit analysis covering meaning of contribution, computation of contribution, profit/volume (P/V) ratio, meaning and computation of P/V ratio, uses of P/V ratio, improving P/V ratio, CVP relationship, practical examples and calculations.
