Accounting Homework

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Ebfrl3693

Business Finance

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At least two references...

Managerial Acct: Break Even Analysis; Budgets; Econ?


Postings in this discussion focus on the concepts of managerial accounting including Break Even Analysis, Budgets, and other calculations. Some concepts may carry over from your Eoncomics courses. Cash is a key budget issue as you calculate expected cash receipts and cash disbursements. Break Even Analysis is actually related to profit planning!

Did you complete an economics course prior to ACCT 301? Did it help you as you considered topics on Managerial Accounting in our class?

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Running head: MANAGERIAL ACCOUNTING

Concepts of Managerial Accounting

Name
Institution
Date

1

MANAGERIAL ACCOUNTING

2

The Chartered Institute of Management Accountants defined Management Accounting as
"the process of identifying, measuring, analyzing, preparing, as well as communicating the
information used by management to evaluate, plan and control within an organization and to assure
efficient utilization of its resources (Terminology, 2005). The economi...


Anonymous
Excellent resource! Really helped me get the gist of things.

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