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    STRICKLAND, AaronD.Greer, BenCommerford, AmandaM.Dunn, AndrewR.Johnson, marcusdoxey, Robbins, MaryS.Hill, ChrisMcCoy, STEFANIAK, Dr.Robbins, SCHNEE, MaryS.Stone, AdamJ.Sharples, ThomasL.Albright, A.Cugno, GaryK.Taylor, RichardW.Houston, DonaldH.Minyard, EdwardJ.Schnee, AustinL.Reitenga, MichaelDugan, RichardC.Hatfield, Chalifoux, LindaM.Parsons
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AC Documents

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  • 93 terms

    Term:

    financial accounting

    Definition:

    reporting financial information to external parties, such as stockholders. creditors and regulators

    • Accounting 351 Exam 1
    • 93 terms
    • Vocabulary for Accounting 351 Exam 1. Find, create, and access Accounting, Managerial Accounting, Accounting 351, final product, flashcards with Course Hero.
  • 27 terms

    Term:

    break even point

    Definition:

    the level of sales at which profit is zero

    • Exam 2
    • 27 terms
    • Vocabulary for Exam 2. Find, create, and access Accounting, Managerial Accounting, Contribution Margin, Accounting 351, one hand flashcards with Course Hero.
  • 20 terms

    Term:

    Absorption Costing

    Definition:

    method that includes all manufacturing costs- direct materials, direct labor and both variable and fixed manufacturing overhead- in the cost of a product

    • Chapter 3
    • 20 terms
    • Vocabulary for Chapter 3. Find, create, and access Accounting, Managerial Accounting, Accounting 351, final product flashcards with Course Hero.
  • 16 terms

    Term:

    Budget

    Definition:

    A detailed plan for the future that usually is expressed in formal quantitive terms

    • Chapter 1
    • 16 terms
    • Vocabulary for Chapter 1. Find, create, and access Accounting, Management, Accounting 351, Corporate social responsibility flashcards with Course Hero.
  • 10 terms

    Term:

    Appraisal Costs

    Definition:

    costs that are incurred to identify defective products before the products are shipped to customers

    • Chapter 2
    • 10 terms
    • Vocabulary for Chapter 2. Find, create, and access Accounting, Management, Managerial Accounting, Accounting 351, defective products flashcards with Course Hero.
  • 10 terms

    Term:

    Break Even Point

    Definition:

    the level of sales at which profit is zero

    • Chapter 5
    • 10 terms
    • Vocabulary for Chapter 5. Find, create, and access Accounting, Managerial Accounting, Operating Leverage, Contribution Margin flashcards with Course Hero.
  • 8 terms

    Term:

    Conversion Cost

    Definition:

    direct labor cost plus manufacturing overhead cost

    • Chapter 4
    • 8 terms
    • Vocabulary for Chapter 4. Find, create, and access Accounting, Managerial Accounting, Energy, Accounting 351, Weighted mean flashcards with Course Hero.

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