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Accounting for Decision Makers

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

By: Jack Bousfield
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Decks in this class (11)

Chapter 1
6 reasons why business environmen...,
Strategic managment process,
Biggest chances to business lands...
13  cards
Chapter 2
What makes a relevant cost,
3 things about non measurable cos...
2  cards
Chapter 3
Break even point,
Target profit point,
What is operating gearing
9  cards
Chapter 4
Full cost definition,
Why do managers want to know full...,
Process costing used for
12  cards
Chapter 5: ABC
3 characteristics about new envir...,
Why isnt traditional costing as u...,
What is essential to abc
17  cards
Chapter 6: Budgeting
Definition of budget,
Role of a budget,
How is it linked to strategic plan
16  cards
Chapter 7 : Accounting for Control
How to control budget 4 steps,
Feedback control,
Feedforward control
21  cards
Chapter 9: Performance Evaluation and Pricing
3 things accounting must do to be...,
Competitor analysis 2 methods,
Customer profitability requires
20  cards
Chapter 8: Capital Investment Decisions
Why are investment decisions prof...,
Issues with arr,
Positives about payback period
14  cards
Chapter 10: Managing Divisional Performance
4 types of responsibility centres,
Benefits of divisionalisation,
Problems with divisionalisation
12  cards
Extras from notes
Accounting rate of return,
Profitability index,
Points on standard costing system
19  cards

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Accounting for Decision Makers

  • Class purpose General learning

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