- decks
- flashcards
- learners
Decks in this class (29)
Importance of understanding cost
What is the importance of underst...,
What are the two branches of acco...,
Who are the internal stakeholders...
23
cards
Direct and indirect costs
What are the two categories of co...,
Define direct costs 2,
Define indirect costs 3
16
cards
Cost behaviour and cost drivers
What is the learning objective of...,
As production levels increase the...,
What are variable costs 3
31
cards
Throughput, marginal, and absorption costing
What are the two main costing met...,
In absorption costing how are pro...,
In marginal costing how are produ...
54
cards
Cost allocation, apportionment, and absorption
What is absorption costing 1,
What are direct costs 2,
What are indirect costs 3
39
cards
Standard costing and variance analysis - Part 1
What is the primary purpose of st...,
What are the three main categorie...,
Define ideal standards 3
69
cards
Standard costing and variance analysis - Part 2
What is the learning objective of...,
What are fixed production overhea...,
In a marginal costing approach ho...
43
cards
Advanced variance analysis
What are the advanced variance te...,
What is the purpose of variance c...,
What must be separated before usi...
40
cards
Activity-based and digital costing
What is the main difference betwe...,
Define a cost driver in the conte...,
List the four step process used i...
39
cards
Costs of quality and environmental costs
What is the cost of quality 1,
What does tqm stand for 2,
List the four key principles of t...
17
cards
Rationale for budgets
What is a budget 1,
Who determines the long term obje...,
What is the role of the finance d...
22
cards
Prepare an operational budget: Part 1
What is the importance of budget ...,
What documents comprise the maste...,
What are component budgets 3
23
cards
Prepare an operational budget: Part 2
What is the first step in prepari...,
The key budget driver is most com...,
What are the five component budge...
53
cards
Forecasting sales volumes
What is the learning objective of...,
What is a time series in the cont...,
What does a basic trend in sales ...
41
cards
Improving the budgeting process
What influences an organisation s...,
What is incremental budgeting 2,
List the advantages of incrementa...
34
cards
Budgets as a control mechanism
What is the purpose of budgetary ...,
Define variances in the context o...,
What does a feedback control syst...
14
cards
Flexed Budgets
What is a fixed budget 1,
Why is a flexed budget necessary 2,
What are the four cost behaviours...
23
cards
The motivational aspects of target setting
What is one of the purposes of pr...,
If the motivation isn t there wha...,
How are budgets used to assess in...
28
cards
Controllability of budget outcomes
What is the importance of providi...,
What can adversely affect the eff...,
What is an example of an uncontro...
11
cards
Behavioural aspects in budgeting
What is the primary aim of settin...,
Identify the areas related to ind...,
True or false motivation in budge...
26
cards
Relevant cost short-term decision making
What is the main focus of relevan...,
List the three general rules that...,
A relevant cost must be a future ...
32
cards
Introduction to short-term decision scenarios
What are the three distinct branc...,
In short term decision making wha...,
What are the qualitative factors ...
20
cards
Product mix decisions
What is the learning objective of...,
List three resources that may be ...,
What is a single limiting factor ...
53
cards
Short-term pricing decisions
What is the learning objective of...,
When setting prices for goods and...,
What is the minimum price that ca...
35
cards
Breakeven Analysis
What is the financial objective f...,
What is the breakeven point bep 2,
How is the breakeven point quanti...
42
cards
Uncertainty in short-term decision making
What is the primary focus of the ...,
Define uncertainty in a business ...,
Define risk in a business plannin...
32
cards
Probabilities and Expected Values
What is the main learning objecti...,
What is the difference between ri...,
Define uncertainty in a business ...
40
cards
Decision Trees
What is the primary purpose of a ...,
When should a decision tree be us...,
What are the three types of event...
27
cards
Weighted Benefit Scoring
What is the purpose of weighted b...,
What are the four stages of apply...,
True or false weighted benefit sc...
46
cards
More about
Management Accounting
- Full test name Unspecified
- Test acronym Unspecified
The creator of this class did not yet add a description for what is included in this class.
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
accounting
- 31 decks
- 1706 flashcards
- 1719 learners
Decks:
Chapter 1, Powerpoint 1, Powerpoint 2, And more!
