FINANCIAL STATEMENT ANALYSIS
In analyzing financial statements, horizontal analysis is a
Horizontal analysis is also known as
a. linear analysis.
b. vertical analysis.
c. trend analysis.
d. common si
Which of the following is a term more descriptive of the type of cost accounting often called
a. Out of pocket costing.
b. Variable costing.
c. Relevant Costing.
d. Prime costing.
What costs are treated as product co
COLUMBAN ACCOUNTANCY REVIEW PROGRAM
COST OF CAPITAL
The cost of capital is the rate of return a firm must earn on its investment in order to maintain the
market value of its stock. The cost of capital provides a benchmark against which the pot
COST MANAGEMENT CONCEPTS
WHAT IS A COST?
A cost is the sacrifice made to achieve a particular purpose.
There are different costs for different purposes, with costs that are
appropriate for one use being totally inappropriate for others (e.g.,
COST VOLUME PROFIT AND BREAK EVEN ANALYSIS
Which one of the following is not an assumption of CVP analysis?
a. All units produced are sold.
b. All costs are variable costs.
c. Sales mix remains constant.
d. The behavior of costs and reve
HANDOUT No. 502-12
OVERVIEW OF MANAGERIAL ACCOUNTING & MS PRACTICE
Financial and Managerial Accounting
Consider the descriptors that follow.
Determine whether the descriptors are most closely associated with
(A)financial accounting or (B) manager