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Management Information

This class was created by Brainscape user Luke Parr (UK). Visit their profile to learn more about the creator.

By: Luke Parr (UK)
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Decks in this class (11)

Fundamentals of costing (1)
Define management information 1,
Define management accounting 2,
Define cost accounting 3
26  cards
Inventory valuation (2)
What s inventory valuation import...,
Define fifo 2,
State some advantages and disadva...
8  cards
Calculating unit costs (3)
Define a standard cost 1,
What are the two methods for dete...,
Define marginal costing 3
17  cards
Marginal costing vs Total Absorption costing (4)
Define period cost 1,
Define product cost 2,
How does the marginal costing and...
6  cards
Pricing calculations (5)
Define full cost 1,
Define marginal variable cost 2,
Define full cost plus pricing 3
13  cards
Budgeting (6)
Define budget theory 1,
State the purposes of budgeting 2,
State the preliminary steps in pr...
28  cards
Working capital (7)
State the working capital formula 1,
State the equations used to asses...,
State the equations used to ident...
13  cards
Performance management (8)
What are the main functions that ...,
Define a responsibility centre 2,
Define a cost centre 3
10  cards
Standard costing and variance analysis (9)
Define standard costing 1,
Define favourable variance 2,
Define unfavourable variance 3
25  cards
Breakeven analysis and limiting factor analysis (10)
What s the formula for the breake...,
State the formula for the contrib...,
State the formula for the breakev...
6  cards
Investment appraisal techniques (11)
Define the payback period 1,
State the formula for payback per...,
State the two formula to calculat...
9  cards

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Management Information

  • Class purpose General learning

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