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Management System

This class was created by Brainscape user Mikaela Gabrielle Quimora. Visit their profile to learn more about the creator.

By: Mikaela Gabrielle Quimora
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Decks in this class (5)

Introduction to MS/ Cost Concepts
Are raw materials that can be phy...,
Is the work of factory employees ...,
Consists of costs that are indire...
60  cards
COST-VOLUME-PROFIT ANALYSIS
Is the study of the effects of ch...,
Is important in profit planning i...,
Considers the interrelationships ...
45  cards
ABSORPTION VERSUS VARIABLE COSTING
Are costs that are a necessary an...,
Are costs that are matched with t...,
Do not become expenses until the ...
34  cards
STANDARD COSTING
A system that determines product ...,
A planned unit cost of the produc...,
Is a unit amount
32  cards
BUDGETING
Is a formal written statement of ...,
The primary benefits of budgeting...,
In order to be effective manageme...
44  cards

More about
Management System

  • Class purpose General learning

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