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Accounting for Management Decisions

This class was created by Brainscape user Daniela Angarita. Visit their profile to learn more about the creator.

By: Daniela Angarita
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Decks in this class (10)

Long-term decision making: Capital Investment
Definition of payback period,
What is the payback rule,
What do you do if depreciation ha...
25  cards
Strategic Management Accounting: Balance Scorecard
What is the balance scorecard,
What are the 4 quadrants,
What is the financial perspective
9  cards
Accounting for Control: Standard Cost
Standards vs budgets,
What is a standard cost and examples,
Level of standards
7  cards
Accounting for Control: Variance Analysis
What is a variance,
When is the variance unfavourable...,
When is variance favourable and c...
14  cards
Intro to Management Accounting and Cost Concepts/Behaviour
Differences between management an...,
Changing role of ma and the manag...,
Importance of ethics in ma
17  cards
Short-term Decision Making: Cost-Volume-Profit Analysis
What are mixed costs,
What is the linearity assumption ...,
Mixed costs formula
9  cards
Short-term Decision Making: Break Even, Margin of Saftey and Contribution Margin Ratio
What is the break even point,
Formula for break even point,
What is the margin of safety
11  cards
Job Order Costing: Overhead Allocation and Absorption
What are overheads,
How to figure out how much overhe...,
How to figure out how much overhe...
11  cards
Job Order Costing 2 : Absorption and Variable Costing
How to compute the unit product c...,
How to compute the unit product c...,
What is absorption costing
11  cards
Short-term Decision Making: Cost-Volume-Profit Analysis Statements
1  cards

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Accounting for Management Decisions

  • Class purpose General learning

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