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Managerial Accounting

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

By: Emil Melchor
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Decks in this class (10)

Chapter 1:
Is concerned with reporting finan...,
Is concerned with providing infor...,
Five types of cost classifications
60  cards
Chapter 2
0  cards
Chapter 3: Job-Order Costing: Cost Flows and External Reporting
A measure of activity such as dir...,
A rate used to charge manufacturi...,
A costing system in which overhea...
18  cards
Chapter 6: Cost-Volume-Profit (CVP) Analysis
Helps managers make many importan...,
Is the amount remaining from sale...,
Is the level of sales at which pr...
24  cards
Chapter 7: Variable Costing and Segment Reporting
Is a part or activity of an organ...,
Only those manufacturing costs th...,
Treats all manufacturing costs as...
5  cards
Chapter 8: Master Budgeting
Is a detailed plan for the future...,
Involves developing goals and pre...,
Involves gathering feedback to en...
38  cards
Chapter 9: Flexible Budgets, Standard Costs, Variance Analysis
A report showing estimates of wha...,
The standard quantity allowed of ...,
The difference between the actual...
21  cards
Chapter 11: Differential Analysis - Key to Decision Making
Avoidable cost,
Differential cost,
Relaxing or elevating the constraint
26  cards
Chapter 13: Statement of Cash Flow
Three major financial statements ...,
Highlights the major activities t...,
The change in the cash balance mu...
25  cards
Chapter 14: Financial Statement Analysis
Financial statement analysis to e...,
Examples of stakeholders,
Analyze a company s financial sta...
61  cards

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Managerial Accounting

  • Class purpose General learning

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