Management Accounting Techniques

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

Decks in this class (10)

Chapter 1 - Introduction To Management Accoutning
What does management accounting e...,
What can managers within a busine...,
What is management accounting oft...
31  cards
Chapter 1 - Responsibility Centres
What is a responsibility centre,
What are four examples of respons...,
Why do we need a cost centre
13  cards
Chapter 1 - Calculating The Cost Of Goods And Services
When can a business make decision...,
What is the first step of calcula...,
What is the second step of calcul...
6  cards
Chapter 2 - Material Costs
Materials inventory is the cost of,
What department usually buys mate...,
Why is it important for a busines...
24  cards
Chapter 2 - Inventory Management Calculations
What is the buffer inventory calc...,
What is the reorder level calcula...,
What is the maximum inventory lev...
5  cards
Chapter 3 - Labour Costs
What are labour costs,
Give three factors that affect la...,
What type of employee would fall ...
19  cards
Chapter 3 - Labour Payment Methods
When would the time rate payment ...,
When would the payment method mos...,
When would the bonus system payme...
7  cards
Chapter 3 - Bookkeeping For Labour Costs
What control account is used to c...,
Bookkeeping for labour costs what...,
Bookkeeping for labour costs what...
9  cards
Chapter 4 - Overheads And Expenses
What costs form the overheads of ...,
What must all the overhead costs ...,
Larger businesses may classify th...
8  cards
Chapter 4 - Re-Apportionment Of Service Department Overheads
Service departments within produc...
1  cards

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Management Accounting Techniques

  • Class purpose General learning

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