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MGMT 202: Managerial Accounting

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

By: Kale Blakely
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Decks in this class (11)

Chapter 1: Intro to Managerial Accounting
Financial accounting,
Managerial accounting,
Broadly speaking there are three ...
41  cards
Chapter 2: Cost Concepts
Costs can be classified in four b...,
Cost behaviour,
Variable cost definition
56  cards
Chapter 6: Cost Behaviour: Analysis and Use
Cost structure,
Activity base cost driver aka,
Activity bases can be either
48  cards
Chapter 8: Cost-Volume-Profit Relationships
Cost volume profit cvp analysis i...,
Characteristics of a contribution...,
Preparing a contribution margin i...
59  cards
Chapter 7: Budgeting
Budgeting,
Budget,
Plan
62  cards
Chapter 9: Relevant Costs
Every decision involves choosing ...,
Relevant costs,
Differential costs aka incrementa...
47  cards
Chapter 3: Systems Design: Job-Order Costing
The purpose of costing systems is to,
Examples of cost objects,
Every cost system must accomplish...
67  cards
Chapter 4: Process Costing
Conversion costs,
Examples of companies who use pro...,
When a department receives goods ...
63  cards
Chapter 5: Activity-Based Costing
Plantwide overhead rate,
The use of plantwide rate assumes...,
Departmental overhead ate
61  cards
Chapter 11: Standard Costs and Variance Analysis
Static budget,
Flexible budget,
There are three things to watch f...
112  cards
Chapter 12: Organizational Structure and Performance Measurement
In a broader context performance ...,
Centralized organization,
Decentralized organization
49  cards

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MGMT 202: Managerial Accounting

  • Class purpose General learning

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