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

Decks in this class (19)

Chapter 1 - ABC and ABM
What is stage 1activity cost pool...,
What is stage 2,
What is the abc procedure
16  cards
Chapter 2 - The Modern Business Environment
What is a global environment,
What is a just in time system,
What are the primary objectives o...
19  cards
Chapter 3 - Costing techniques
What is target costing,
How is target costing calculated,
What is value analysis
10  cards
Chapter 4: Data required for decision-making
What is a relevant cash flow,
What future cash flows should be ...,
What should opportunity costs be ...
21  cards
Chapter 5: The investment decision-making process
What are the three stages in the ...,
What are the three stages in the ...,
What are the two stages in the im...
15  cards
Chapter 6 - Investment Appraisal - further aspects
What is the payback period,
What,
What are the cons of payback method
11  cards
Chapter 7 - The pricing decision
What does the price elasticity of...,
If the price elasticity of demand...,
If the price elasticity of demand...
25  cards
Chapter 8 - Responsibility centres
What does decentralisation seek t...,
What are the objectives of decent...,
What is a cost centre
14  cards
Chapter 9 - Alternative measures of performance
What is a fixed budget,
What is a flexible budget,
What are controllable costs
9  cards
Chapter 10 - Transfer pricing
What is the transfer in transfer ...,
What are the objectives of transf...,
What is the best way of setting a...
8  cards
Chapter 11 - The treatment of uncertainty and risk in decision making
What is the difference between ri...,
Investment appraisal often involv...,
How do we calculate sensitivity m...
10  cards
Chapter 12 - Risk management
Why would a business incur risk,
What are the categories of risk,
What is a business risk
12  cards
Formulas
Chapter 1 how do you calculate di...,
Chapter 2 how do you calculate th...,
Chapter 2 how do you calculate th...
37  cards
More Revision Cards - Topics I am struggling with
What are the four stages of lifec...,
What are the three factors that n...,
What percentage of costs are incu...
48  cards
Test Builder topics to work on
What are some value analysis terms,
What analysis analyses production...,
What analysis analyses production...
16  cards
Managing The Costs Of Creating Value - 20%
What are the four levels of activ...,
What is abm,
What are the five basic informati...
45  cards
Capital Investment Decision Making - 35%
What is a relevant cash flow,
What are non relevant costs,
What is an opportunity cost
53  cards
Managing And Controlling The Performance Of Organisational Units - 30%
What are the pros of responsibili...,
What are the cons of responsibili...,
What are some kpi for profitability
39  cards
Risk And Control - 15%
What is the difference between ri...,
How do we deal with risk and unce...,
How do we calculate sensitivity m...
23  cards

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CIMA P2

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CIMA P2
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  • 22 flashcards
  • 1 learners
Decks: 1 Abc Abm, 2 The Modern Business Environment, 3 Costing Techniques, And more!
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