ACC_561_Week_4_Content_Outline

ACC_561_Week_4_Content_Outline - Resource: Ch. 8 of...

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ACC/561 Accounting Week Four Content Outline: Budgets OBJECTIVE: Explain the major components, advantages, and disadvantages of a master budget. Resource: Ch. 7 of Introduction to Management Accounting Content Introduction to Budgets and Preparing the Master Budget (in Horngren, Sundem, Stratton, o Types of Budgets (pp. 304-305) OBJECTIVE: Assess the risks associated with sales forecasting. Resource: Ch. 7 of Introduction to Management Accounting Content Introduction to Budgets and Preparing the Master Budget (in Horngren et al.) o Potential Problems in Implementing Budgets (pp. 299-304) OBJECTIVE: Construct an activity-based flexible budget.
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Unformatted text preview: Resource: Ch. 8 of Introduction to Management Accounting Content Flexible Budgets and Variance Analysis (in Horngren et al.) o Using Budgets to Evaluate Actual Results (pp. 342-347) o Isolating the Causes of Variances (pp. 348-354) o Flexible Budget Variances in Detail (pp. 354-360) o Overhead Variances (pp. 360-363) Note: The information above is intended to help you complete your assignments. Be sure to read chapters in their entirety, as indicated in the syllabus. Additional information from sections not outlined above may be needed for classroom discussions. Page numbers refer to PDF versions of the textbooks....
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This note was uploaded on 10/05/2010 for the course ACC ACC561 taught by Professor David during the Spring '10 term at University of Phoenix.

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