Managerial Systems 1

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Decks in this class (23)

Ch 1
Management accounting,
Financial accounting,
Cost accounting
40  cards
Wrong Answers Ch 12-23
What 3 strategic objectives would...,
What 3 strategic objectives would...,
What 4 strategic objectives would...
40  cards
Ch 2
Actual cost,
Cost,
Budgeted cost
45  cards
Ch. 1 Wrong Answers
What steps should you take if you...,
Does the controller or cfo perfor...,
Why do companies adhere to gap fo...
17  cards
Ch 2, 3, 4, 5 wrong answers
Period costs are,
Inventoriable costs are,
The primary focus of cost managem...
10  cards
Ch 3
Contribution margin,
Cost volume profit cvp analysis,
Contribution margin per unit
29  cards
Ch 17
Job costing system,
Precession costing system definit...,
Conversion costs
13  cards
Ch 4
Direct costs of a cost object def...,
Cost object define example,
Indirect costs of cost object def...
45  cards
Ch 5
Product overcosting strategic cos...,
Product undercosting strategic co...,
Product cost cross subsidization
31  cards
Classify Level Abc Costing
Cost of indirect materials,
Design processes drawing process ...,
Plant management plant rent plant...
7  cards
Ch 8
Standard costing 2 purposes with ...,
How does planning for fixed overh...,
4 steps of computing budgeted var...
25  cards
Ch 9
How are fixed manufacturing costs...,
How does variable costing differ ...,
How are fixed manufacturing costs...
31  cards
Ch 7
Static budget variance,
Static budget aka master budget,
Flexible budget
35  cards
Ch 10
2 assumptions managers use to est...,
Cost function,
Linear cost function represented ...
36  cards
Ch 11
Relevant costs relevant revenues,
Decision model,
2 requirements to be considered a...
27  cards
Exam 2 Review
Production volume variance equation,
Variable overhead efficiency vari...,
Variable overhead spending varian...
9  cards
Variance Set Up
Set up the table from left to rig...,
Setting up the table from left to...,
Set up the table from left to rig...
11  cards
Ch 21
5 stages of capital budgeting pro...,
Capital budgeting,
Capital budgeting stage 1 identif...
40  cards
Ch 12
3 reasons understanding of custom...,
Target price,
5 steps in implementing target pr...
27  cards
Ch 13
Product differentiation,
5 forces of industry analysis str...,
2 basic strategies of company
17  cards
Ch 14
4 criteria for cost allocation de...,
4 purposes of cost allocation,
Criteria for cost allocation deci...
27  cards
Ch 22
Motivation,
Management control system,
Goal congruence
38  cards
Ch 23
Investment,
3 steps to designing accounting b...,
Return on investment roi 2 equations
30  cards

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Managerial Systems 1

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