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Management information

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

By: Bridget Clarke
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Decks in this class (15)

Chapter 1
Compare the of financial and mana...,
Give 2 examples of cost objects,
Define th following
17  cards
Chapter 2
When the price of inventory has c...,
Give 3 advantages and 3 disadvant...,
Use the fifo method to calculate ...
9  cards
Chapter 3
What is absorption costing what i...,
Define the standard cost,
What is the fair share of fixed p...
20  cards
Chapter 4
What is a startard cost cost,
Show and explain the income state...,
Show and explain the income state...
12  cards
Chapter 5
What is mark up costing what is m...,
Does the following terminology de...,
What is full cost plus
12  cards
Chapter 6 - budgeting
What are the 5 types of budgets a...,
In what stages are budgets prepared,
What is a budgeted limiting factor
11  cards
Chapter 6 - forecasting
What are the steps of the high lo...,
What is the equation for a straig...,
If the correlation of to variable...
10  cards
Chapter 7 - Working capital
What are the ruels of how to fina...,
What are the advantages and diadv...,
How do profitablity and liquidity...
14  cards
Exam questions
What is the equation for increase...,
What is variance,
13  cards
Chapter 8
What is decentralisation,
What is a cost centre,
What is a shared service centre
9  cards
Chapter 9
What is varaiance analysis,
Whats is a sales volume varaince,
What is the material price variance
13  cards
Chapter 10 - break even analysis.
What is a break even anaylsis cos...,
What is a contibution ratio,
14  cards
Chapter 11 - Investment appraisal - non discounting
What are the decision making stag...,
What are the 2 non discounting in...,
What is the paback period
12  cards
Chapter 11 - Investment appraisal - discounting
What is the time value of money,
What is compounding,
To find out how much a single cas...
20  cards
Chapter 1 - 8 pre exam questions
Calculate the over under absorpti...,
Contribution is a key concept of ...,
21  cards

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Management information

  • Class purpose General learning

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