MGMT 20100

Management Accounting I
Management Accounting I ONLINE

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About the Course
This course is an introduction to management’s internal use of accounting information for decision making, production management, product costing, motivating and evaluating performance, and budgeting.
Course Goals/Learning Objectives
After successfully completing the course, you should:
  • Understand basic cost management concepts
  • Be familiar with product and activity-based costing
  • Understand cost-volume-profit analysis
  • Be able to prepare a master budget
  • Have the ability to apply standard costing techniques
  • Understand how flexible budgeting is used for decision making

MGMT 20100

Course Catalog
MGMT 20100 Management Accounting I

Description
Credit Hours: 3.00. An introduction to management's internal use of accounting information--for decision making, production management, product costing, motivating and evaluating performance, and budgeting. CTL:IPO 1802 Accounting II
0.000 OR 3.000 Credit hours
Levels: Graduate, Professional, Undergraduate
Schedule Types: Distance Learning, Individual Study, Lecture, Recitation
Offered By: School of Management
Department: School of Mgmt Adm & Instr
Course Attributes
Core Transfer Library, Lower Division
May be offered at any of the following campuses: Northwest- Westville Northwest- Hammond West Lafayette Anderson Columbus Kokomo Lafayette New Albany Richmond South Bend
Learning Objectives
1. To understand how managerial accounting and financial accounting differ and the role of managerial accounting in costing a company's products or services. 2. To understand how accounting information is used to make decisions for the firm, improving its operational efficiency and increasing its profits. 3. To understand how accounting information can be used to evaluate the performance of managers at all levels of an organization. 4. To understand concepts, and not rely on memorization, so that one can use the topics/information in new situations, in other courses and in one's professional career.
Prerequisites
Undergraduate level MGMT 20000 Minimum Grade of C- or Undergraduate level MGMT 21200 Minimum Grade of C- or Undergraduate level BUS A2010 Minimum Grade of C- or Undergraduate level ACC 20000 Minimum Grade of C-
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