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

Decks in this class (15)

Introduction
What is the difference between fi...,
Is ma only focused on future orie...,
What is the main aim of ma
3  cards
Cost Classification
What characteristics are the pers...,
What is a variable cost,
What is fixed cost
39  cards
Cost Estimation
What are 2 methods for splitting ...,
What is a cost driver,
What does measuring costs mean
18  cards
Budgets, Planning And Control
What is a budget,
What is the objectives of budgeting,
What is a principal budgeting factor
52  cards
Cost-Volume-Profit (CVP) Relationships
What is cvp,
What is the 2 main models for con...,
What does the economist s model r...
29  cards
Direct-And Absorption Costing Systems
What are 2 cost accounting concep...,
What do the absorption and variab...,
What is the difference between the 2
25  cards
Overhead Allocation
How do you allocate overheads ind...,
Is there a one size fits all appr...,
What can the basic techniques of ...
44  cards
Joint And By-Product Costing
What is a joint process,
What is a split off point,
What is a by product
13  cards
Process Costing
What is process costing,
Does each unit consume an identic...,
How do the allocation work of a p...
22  cards
Standard Costing
What does standard costing offer,
What is standard costing investig...,
What is standard costing
27  cards
Relevant Costing
When is info relevant to a decision,
What is a special order decision
2  cards
Performance Management
0  cards
Price Setting
What is a transfer price,
What is the minimum transfer pric...,
What is the maximum transfer pric...
3  cards
Other Ancillary Topics
0  cards
Inventory Management And Planning Techniques
0  cards

More about
MAC3701

  • Class purpose General learning

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