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Summary Financial & Managerial Accounting, ISBN: 9781259922183 Finance and Accounting, Chapter

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This summary discuss the topics in the following chapters: > Chapter 16: Management Accounting > Chapter 17: Job Order Cost systems and Overhead Allocations > Chapter 20: Cost-Volume-Profit Analysis > Chapter 21: Incremental Analysis

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Institution
Hogeschool Rotterdam (HR)
Course
Finance and Accounting









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Jan Williams Financial and Managerial Accounting 18e ed
  • maart 2017
  • 9781259922183
  • Unknown

Written for

Institution
Hogeschool Rotterdam (HR)
Study
International Business and Management Studies
Course
Finance and Accounting
All documents for this subject (6)

Document information

Summarized whole book?
No
Which chapters are summarized?
Chapter 16, 17, 20, 21
Uploaded on
September 19, 2022
Number of pages
13
Written in
2020/2021
Type
Summary

Subjects

  • management accounting
  • financial accounting
  • conversion costs
  • manufacturing costs
  • product costs
  • period costs
  • inventory
  • materials inventory
  • finished goods inventory
  • per unit co
  • work in progress inventory

Content preview

Finance &
Accounting
Block 4 Summary




RUAS
2020/2021




1

, Chapter 16 – Management accounting


Management accounting: accounting information systems designed and used internally
to support the achievement of various organizational objectives. There are three
principles:

 Assigning decision-making authority
 Making and supporting decisions
 Evaluating and rewarding performance
 To compute how efficient business operations are

Past, current, and future information is collected by a management accounting system to
support various decisions.




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