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Cost and Management Accounting

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

By: Keira Stephen
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Decks in this class (8)

Semester 1 Week 1a PP (An introduction to Cost terms and concepts)
What is cost,
What is a cost object,
What is a cost collection system
21  cards
Semester 1 Week 1b PP (Cost Behaviour and Decision Making)
How is activity measured,
What is the classification of cos...,
How do you calculate total variab...
16  cards
Semester 1 Week 2a PP (Cost Assignment, Job Costing and Overhead Application)
What kind of functions does ma pe...,
What is a cost object,
Job order costing vs process cost...
20  cards
Semester 1 Week 2b PP (Cost Assignment, Job Costing and Overhead Application)
What are cost centre overhead rates,
What are the different types of d...,
Assigning costs of multiple suppo...
9  cards
Semester 1 Week 3 PP (Activity-based Costing)
What are the different costs for ...,
What is the need for a cost accum...,
What are the types of cost systems
18  cards
Semester 1 Week 4 PP (Income Effects of Alternative Cost accumulation systems)
Absorption or full costing system,
Variable marginal or direct costing,
Marginal costing vs absorption co...
14  cards
Semester 1 Week 5 Cost-Volume-Profit Analysis
Evaluating alternatives on the sh...,
How do you decide among alternatives,
What is cost volume profit analys...
20  cards
Semester 1 Week 6 PP (Measuring Relevant Costs and Revenues For Decision-Making)
Identifying relevant costs and re...,
Importance of qualitative non fin...,
What are the special studies steps
4  cards

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Cost and Management Accounting

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