AC 211 - Managerial Accounting
Stresses the uses of accounting information for corporations. It includes product and process costing, cost-volume-profit analysis, responsibility accounting, cost behavior analysis, and understanding the necessity for accounting controls, as well as the essential part that accounting plays in management decision-making.
Prerequisites & Notes
Assignments: 5 Units
Final Assessment: Non-Proctored Final Exam
Course Learning Objectives
Upon completion of this course, you should be able to do the following:
- Differentiate between management and financial accounting.
- Demonstrate cost principles and the proper financial statement classification and reporting of costs by various types of companies.
- Explain cost components and their relationship to changes in volume and other factors.
- Develop a comprehensive financial budget.
- Analyze budget variances.
- Evaluate long-term capital investment decisions.
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