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Management Information

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

By: Jasmine Ochogo
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Decks in this class (8)

Topic 1 - Costing
Advantages of lifo,
Advantages and disadvantages of fifo,
Advantages and disadvantages of avco
10  cards
Topic 2 - Pricing
Advantages and disadvantages of f...,
Advantages and disadvantages of m...
2  cards
Topic 3 - Budgeting and forecasting
5 reasons for preparing budgets,
What is the budget committee and ...,
What is the budget manual
6  cards
Topic 4 - Working Capital
What is working capital,
What the objective trade off of w...,
Inventory turnover period
13  cards
Topic 5: Performance evaluation
Feedback loop,
Features of effective feedback,
Advantages of decentralisation
7  cards
Topic 6 - Introduction to Control
Flexible budgets,
Flexed budget,
Standard costing
3  cards
Topic 7 - Breakeven analysis and contribution
Breakeven point,
Contribution ratio,
Breakeven revenue
4  cards
Topic 8 - Investment appraisal techniques
Payback period,
Disadvantages of payback period,
Arr
10  cards

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Management Information

  • Class purpose General learning

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