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Financial Control - Information

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

By: daniel foster
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Decks in this class (11)

Lecture 1 - Cost basics
What is a cost object 1,
What are direct costs 2,
What are indirect costs 3
6  cards
Lecture 2 - Traditional absorption costing
What are the benefits and limitat...,
What are the benefits and limitat...,
Blanket overhead rates plant wide...
8  cards
Lecture 3 - Marginal costing and ABC
Designing an abc system 4 steps 1,
What are the 4 general levels of ...,
Limitations of abc 3
9  cards
Lecture 4 - Costume-Profit-Volume-Analysis
Contribution 1,
The profit volume calculation is 2,
Margin of safety indicates 3
4  cards
Lecture 5 - Financial performance indicators
Advantages of a divisional organi...,
Disadvantages of a divisional org...,
Return on investment roi is a rel...
9  cards
Lecture 6 - Strategic performance measures
What is a balanced scorecard 1,
What are the 4 perspectives of th...,
What is the financial perspective...
9  cards
Lecture 7 - Standard costing and variance analysis
What is the definition of a stand...,
A standard costing system is a te...,
The difference between the standa...
31  cards
Lecture 8 - Standard costing and variance analysis (2)
Fixed overhead expenditure or spe...,
Sales margin price variance can b...,
Sales margin volume variance can ...
5  cards
Lecture 9 - Functional budgets preparation
What do budgets indicate 1,
Functions of budgets 2,
Who are the budgeting committee a...
9  cards
Lecture 10 - Cash budget
Reasons for cash budgeting 1,
Cash budgets can identifyand plan...
2  cards
Lecture 11 - Flexible budget
Why is the master budget referred...,
What is a flexible budget 2,
Why might flexible budgets be use...
5  cards

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Financial Control - Information

  • Class purpose General learning

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