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AAT Level 4 - Management Account

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

By: Jack Elliott
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Decks in this class (14)

01 - Basics
What is a direct cost,
What is the equation for prime costs,
What are indirect costs
7  cards
02 - Budgeting Intro
What is top down budgeting,
What is bottom up budgeting,
What is negotiated budgeting
9  cards
03 - Identifying Budget Data
What is primary data,
What is secondary data
2  cards
04 - Preparing Budgets
What is a standard cost,
What is an ideal standard,
What is attainable standard
7  cards
05 - Forecasting - Statistical Techniques
What is a time series analysis,
What is a trend,
What is seasonal variation
9  cards
06 - Budgetary Control - Making Decisions
What is a fixed budget,
What is a flexible budget,
3  cards
07 - Variance Analysis
1  cards
10 - Life Cycle Costing
Define the component costs of the...,
Define the component costs of the...,
Define the component costs of the...
5  cards
11 - Decision Making
What is an incremental cost,
8000,
What is a cost gap
7  cards
12 - Financial Performance Indicators
What is the current ratio formula,
What is the quick ration,
What is the equation for average ...
4  cards
13 - Non-Financial Business Indicators
What are the four elements of the...,
Explain the financial perspective...,
Explain the customer perspective ...
5  cards
14 - Divisional Performance
What is the equation for roi,
What is the formula for residual ...,
What is a transfer price
3  cards
15 - Technology
1  cards
Exam Practice
What is the formula for asset tur...,
What is the formula for return on...,
What is the formula for overhead ...
19  cards

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AAT Level 4 - Management Account

  • Class purpose General learning

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