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Management Accouning

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

By: Flora Jolly
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Decks in this class (18)

Accounting for Management
Cost accounting 1,
Management accounting 2,
What are the five main areas of m...
28  cards
Data & Presenting Information
Primary data 1,
Secondary data 2,
Numerical data 3
42  cards
Cost Classification & Behaviour
Cost classification definition 1,
What are the ways to classify cos...,
What are the ways to classify cos...
29  cards
Forecasting
Correlation 1,
What are the two main ways to est...,
What does the usefulness of using...
38  cards
Summarising & Analysing Data
Big data 1,
What are the main characteristics...,
Structured data 3
22  cards
Accounting for Materials
What are the different types of i...,
Why do businesses need to control...,
What processes are included in in...
32  cards
Accounting for Labour
What are the three basic remunera...,
Time work remuneration policy 2,
Piecework scheme remuneration pol...
24  cards
Accounting for Overheads
Why is it important for businesse...,
Absorption costing definition 2,
What are the steps involved in ab...
41  cards
Process Costing
Process costing 1,
What are examples of when process...,
Normal loss 3
14  cards
Costing Methods
Job costing 1,
Batch costing 2,
Service costing 3
15  cards
Setting Budgets
What are the 7 steps of the plann...,
Budget 2,
What are the objectives of a budg...
31  cards
Implementing Budgets
What can be a pitfall of a budget...,
Goal congruence 2,
Dysfunctional decision making 3
36  cards
Project Appraisal
Time value of money 1,
Compound interest 2,
Effective annual rate of interest...
27  cards
Standard Costing
Standard cost 1,
Standard cost card 2,
What are some ways standard cost ...
18  cards
Variance Analysis
Variance 1,
Favourable variance 2,
Adverse variance 3
36  cards
Target Setting
Mission statement 1,
What are the characteristics of a...,
Strategic objectives 3
15  cards
Financial Performance Measurement
Return on capital employed roce 1,
Cap employed 2,
Operating profit margin 3
25  cards
Assessing non-financial performance
What are some examples of non fin...,
What is a positive of nfis 2,
Balanced scorecard ideology 3
17  cards

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Management Accouning

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