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Management Information

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

By: Anna Crosby
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Decks in this class (12)

1: Fundamentals of Costing
What s the difference between man...,
Key differences between financial...,
Define cost object
28  cards
2: Inventory Valuation
What are the four methods of inve...,
Why is inventory valuation important,
Sum up the four methods very quickly
16  cards
3: Calculating Cost Units
What is a standard cost and a sta...,
What are the five kinds of cost t...,
What are the two methods of valui...
27  cards
4: Marginal Costing & Absorption Costing
What is a marginal cost and what ...,
In what three ways does mc and ac...,
What is contribution and how is i...
12  cards
5: Pricing Calculations
What are the two things a sales p...,
What is cost plus pricing and wha...,
What are the two methods to calcu...
22  cards
6: Budgeting
What is budgeting,
What types of budgets are there,
What are the 8 purposes of budgeting
40  cards
Data
What are data outliers,
What is big data,
The 4vs of big data
10  cards
7: Working Capital
What is working capital,
What balance needs to be struck w...,
The general rules with funding
28  cards
8: Performance Management
The main functions that managemen...,
What does planning involve,
What does decision making involve
47  cards
9: Variance Analysis
What is a standard cost,
Ads of standard costing,
What is management by exception
27  cards
10: Breakeven Analysis
Reminder on what the contribution...,
What is the breakeven point and w...,
What are the three steps to doing...
21  cards
11: Investment Appraisal
What are the four stages of inves...,
What is the payback period,
What is the decision rule for pay...
43  cards

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Management Information

  • Class purpose General learning

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