The variable costs of products sold to specific customers are combined with the other costs that are directly traceable to those customers, to determine the profitability of each one. The Cost Accountant Job Description Chapter 3. Spoilage, rework and scrap test has 21 multiple choice questions. With this information, you can decide whether the prices being set for products are too low. This information can be compared to employee output to see which employees are the most for the organization.
Cost function and behavior test has 138 multiple choice questions. Combine the variable costs of all products in a product line with all of the costs specifically associated with that product line. This request for consent is made by Corporate Finance Institute, 16th Floor, 595 Burrard Street, Vancouver, British Columbia. Management control systems and multinational considerations test has 16 multiple choice questions. All costs assignable to a specific customer contract are compiled, documented, and justified. Fundamentals of accounting test has 14 multiple choice questions.
Decision making process and information test has 35 multiple choice questions. Process costing test has 20 multiple choice questions. The variable costs of products sold through a particular sales channel can be combined with the overhead costs specific to that channel, to determine its. Capacity analysis and inventory costing test has 107 multiple choice questions. Job costing test has 46 multiple choice questions. Cost allocation, customer profitability and sales variance analysis test has 26 multiple choice questions.
Please ask about these special rates: Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. In this 66-page summary, we walk through all the important bookkeeping and accounting principles. Damit soll auch ihre allgemeine Verwendung in den Betrieben angeregt werden. Da jedoch diesbezüglich in der Praxis bisher noch keine einheitliche Sprachregelung erfolgt ist, scheint es zweckmäßig, zunächst die wichtigsten Begriffe zu klären bzw. Die Kostenrechnung gehört heute sowohl zum kaufmännischen Rechnungswesen, also zu den Wirtschaftswissenschaften, sowie auch zum Gebiet der Ingenierwissenschaften. These cost accounting basics form the fundamental tasks of the cost accountant in supporting the decision making of the management team.
Basics of accounting test has 15 multiple choice questions. Welcome to the official accounting eBook from the Corporate Finance Institute. The Cost Accounting Fundamentals course shows how to improve a business with constraint analysis, target costing, capital budgeting, price setting, and cost of quality analysis. Each of the tasks just noted can be employed to gain a better understanding of how a business generates profits. Direct cost variances and management control test has 60 multiple choice questions. Military Rate: For some courses, special tuition rates are available for active duty military members and their spouses.
Cost volume profit analysis test has 43 multiple choice questions. Determine just the associated with a product and aggregate this information by product. Course Description Cost accounting is an essential management tool that can uncover profitability improvements and provide support for key business decisions. Types of Costs Chapter 4. The result can be a selective reduction in the number of customers with which the company chooses to do business. The University of Phoenix reserves the right to modify courses. Joint and By-Product Costing Chapter 9.
Department costs, common costs and revenues test has 29 multiple choice questions. Budgeting and accounting test has 15 multiple choice questions. In short, this course contains the essential tools needed to foster more profitable decision-making by management. Cost accounting is the art of translating the incurred by a business into actionable analyses that can improve operations and. This information is used to compile billings to customers. There is a decline in business, so management is looking for ways to prudently cut costs while retaining the basic functionality of the organization.
Activity based costing and management test has 18 multiple choice questions. We are compliant with the requirements for continuing education providers as described in sections 10. Capital Budgeting Analysis Chapter 17. You may withdraw your consent at any time. Cost accountant and specialist interview questions and answers to ask, to prepare and to study for jobs interviews and career. This iframe contains the logic required to handle Ajax powered Gravity Forms.
Please check with a University Enrollment Representative. Balanced scorecard and strategic profitability analysis test has 29 multiple choice questions. Flexible budget: overhead cost variance test has 59 multiple choice questions. Inventory management, just in time and costing methods test has 31 multiple choice questions. There is typically a somewhere in the company that limits the amount of profit that the business can generate. Management accounting in organization test has 38 multiple choice questions.