This class was created by Brainscape user Chloe Leaper. Visit their profile to learn more about the creator.
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Chloe Leaper
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- flashcards
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Decks in this class (17)
Business Documents
What s the purpose of an order form,
What details do an order form inc...,
What s the purpose of an invoice
19
cards
Break even theory
What is break even,
What are fixed costs,
What are variable costs
5
cards
Break even formula
How do you find the contribution,
How do you find the break even po...,
How do you find break even point ...
13
cards
Break even graphs
How do you tell which line is the...,
How do you tell which line is the...,
How do you tell which line is the...
6
cards
Inventory Valuation
What is fifo,
Advantages of fifo,
Disadvantages of fifo
3
cards
Labour Theory
Time rate,
Piece rate,
Flat rate
5
cards
Sources of Finance
Personal savings invest more equity,
Personal savings invest more equi...,
Personal savings invest more equi...
15
cards
Job Cost Statements- Theory
Direct costs,
Indirect costs,
Profit mark up
4
cards
sofp sections
What s the order of the sections ...,
Non current assets,
Current assets
6
cards
Cash Budgets
What is a cash budget,
What are advantages of preparing ...
4
cards
income statement theory
Sales revenue,
Sales returns,
Net sales revenue
9
cards
sofp theory
Statement of financial position,
Non current assets,
Aggregate depreciation
14
cards
role of financial and management accountant
What is the role of a financial a...,
What is the role of the managemen...
2
cards
trial balance
What is one purpose of a trial ba...,
What is the second purpose of a t...,
Assets
15
cards
assignment ratios
A reason for a difference in a cu...,
A reason for a difference in a gr...,
A reason for a difference in a tr...
9
cards
corrections to errors
Errors of omission,
Errors of commission,
Compensating errors
6
cards
overhead analysis
Cost unit,
Cost centre,
Prime cost
8
cards
More about
N5 Accounting
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