Accounting 102

Ch 1. Overview of Managerial Accounting
	Lesson 1 – What Is Accounting? – Purpose, Importance & Relationship to Business	Take Quiz
	Lesson 2 – External and Internal Users and Uses of Accounting	Take Quiz
	Lesson 3 – What Is GAAP? – The Generally Accepted Accounting Principles	Take Quiz
	Lesson 4 – Managerial Accounting Functions	Take Quiz
	Lesson 5 – Comparing Financial & Managerial Accounting	Take Quiz
	Lesson 6 – The Strategic Management Process	Take Quiz
	Lesson 7 – Ways to Manage Risk: Insurable and Uninsurable Risk	Take Quiz
	Lesson 8 – Process Management: Lean Production Model & Theory of Constraints	Take Quiz
	Lesson 9 – Ethics in Managerial Accounting	Take Quiz
	Lesson 10 – Social Responsibility in Organizations	Take Quiz
	Lesson 11 – The Levels of Corporate Social Responsibility	Take Quiz
	Lesson 12 – The Sarbanes Oxley Act	Take Quiz

Go to chapter Overview of Managerial AccountingPractice test: Overview of Managerial Accounting

Ch 2. Cost Types
	Lesson 1 – Comparing Cost Classifications	Take Quiz
	Lesson 2 – Cost Behavior: Definition & Pattern Analysis	Take Quiz
	Lesson 3 – Cost Classification: Predicting Behavior & Decision-Making	Take Quiz
	Lesson 4 – Fixed Costs: Definition, Formula & Examples	Take Quiz
	Lesson 5 – Variable Cost: Definition, Formula & Examples	Take Quiz
	Lesson 6 – Opportunity Cost: Definition & Examples	Take Quiz
	Lesson 7 – How to Calculate Opportunity Cost	Take Quiz
	Lesson 8 – Sunk Costs: Definition & Examples	Take Quiz
	Lesson 9 – Implicit Costs: Definition & Examples	Take Quiz
	Lesson 10 – Contribution Margin vs. Traditional Income Statements	Take Quiz

Go to chapter Cost TypesPractice test: Cost Types

Ch 3. Cost Behavior Analysis & Cost-Volume Profit
	Lesson 1 – How to Analyze Mixed Costs	Take Quiz
	Lesson 2 – Creating Contribution Margin Income Statements	Take Quiz
	Lesson 3 – Cost-Volume-Profit Analysis: Definition & Examples	Take Quiz
	Lesson 4 – How to Select a Cost Structure for CVP	Take Quiz
	Lesson 5 – Target-Profit & Break-Even Analysis	Take Quiz

Go to chapter Cost Behavior Analysis & Cost-Volume ProfitPractice test: Cost Behavior Analysis & Cost-Volume Profit

Ch 4. Job-Order Costing & Process Costing
	Lesson 1 – Absorption Costing: Income Statement & Marginal Costing	Take Quiz
	Lesson 2 – Job-Order Costing System Processes	Take Quiz
	Lesson 3 – Flow of Costs without Journal Entries	Take Quiz
	Lesson 4 – Cost Classifications on Goods & Inventory Statements	Take Quiz
	Lesson 5 – Inventory Cost: Definition, Methods & Types	Take Quiz
	Lesson 6 – Issues of Overhead Application without Journal Entries	Take Quiz
	Lesson 7 – Job Order Cost System for Service Companies	Take Quiz
	Lesson 8 – Comparing Job-Order & Process Costing	Take Quiz
	Lesson 9 – Cash Flows in Process Costing without Journal Entries	Take Quiz
	Lesson 10 – The Weighted-Average Method of Equivalent Units of Production	Take Quiz

Go to chapter Job-Order Costing & Process CostingPractice test: Job-Order Costing & Process Costing

Ch 5. Basics of Activity-Based Costing
	Lesson 1 – Identifying Activity-Based Cost Pools & Drivers	Take Quiz
	Lesson 2 – Activity-Based Costing: Definition, Formula & Examples	Take Quiz
	Lesson 3 – The Activity-Based Costing Process	Take Quiz
	Lesson 4 – Comparing Traditional Costing & Activity-Based Costing	Take Quiz
	Lesson 5 – Benefits & Limitations of Activity-Based Costing	Take Quiz

Go to chapter Basics of Activity-Based CostingPractice test: Basics of Activity-Based Costing

Ch 6. Budgeting & Standard Costs
	Lesson 1 – Master Budget in Accounting: Definition, Components & Example	Take Quiz
	Lesson 2 – Different Parts of the Master Budget	Take Quiz
	Lesson 3 – Flexible Budgeting: Advantages & Explanation	Take Quiz
	Lesson 4 – Standard Costs: Definition & Advantages	Take Quiz
	Lesson 5 – How Companies Set Standard Costs	Take Quiz
	Lesson 6 – Variance Analysis Model in Accounting	Take Quiz
	Lesson 7 – Management By Exception: Definition and Limitations	Take Quiz

Go to chapter Budgeting & Standard CostsPractice test: Budgeting & Standard Costs

Ch 7. Reporting Systems & Structures in Accounting
	Lesson 1 – Segment Reporting Basics & Tools	Take Quiz
	Lesson 2 – Segment Margin & Decision-Making in Accounting	Take Quiz
	Lesson 3 – Responsibility Accounting: Benefits & Limitations	Take Quiz
	Lesson 4 – Investment Center Evaluation: Formula & Residual Income	Take Quiz
	Lesson 5 – The Balanced Scorecard as a Strategic Management System	Take Quiz

Go to chapter Reporting Systems & Structures in AccountingPractice test: Reporting Systems & Structures in Accounting

Ch 8. Short & Long-Term Decision-Making in Accounting
	Lesson 1 – Relevant & Irrelevant Costs for Decision-Making	Take Quiz
	Lesson 2 – How to Determine Costs & Make Decisions	Take Quiz
	Lesson 3 – What Is Capital Budgeting? – Techniques, Analysis & Examples	Take Quiz
	Lesson 4 – Discounted Cash Flow, Net Present Value & Time Value of Money	Take Quiz
	Lesson 5 – Alternative Approaches to Capital Budgeting Decisions	Take Quiz
	Lesson 6 – Payback Analysis: Formula & Example	Take Quiz
	Lesson 7 – Investment Spending: Definition & Formula	Take Quiz
	Lesson 8 – Simple Rate of Return Method in Capital Budgeting	Take Quiz

Go to chapter Short & Long-Term Decision-Making in AccountingPractice test: Short & Long-Term Decision-Making in Accounting

Ch 9. Basics of Financial Statement Analysis
	Lesson 1 – Financial Statement Analysis: Definition, Purpose, Elements & Examples	Take Quiz
	Lesson 2 – Limitations of Financial Statement Analysis	Take Quiz
	Lesson 3 – How to Calculate Earnings Per Share: Definition & Formula	Take Quiz
	Lesson 4 – Ratios of Interest to the Short-Term Creditor	Take Quiz
	Lesson 5 – Current Ratio in Accounting: Definition, Formula & Analysis	Take Quiz
	Lesson 6 – What Is Inventory Turnover? – Definition, Formula & Calculation	Take Quiz
	Lesson 7 – Liquidity Ratio: Definition, Calculation & Analysis	Take Quiz
	Lesson 8 – Ratios of Interest to the Long-Term Creditor	Take Quiz
	Lesson 9 – What Is a Value Chain? – Definition, Analysis & Example	Take Quiz

Go to chapter Basics of Financial Statement AnalysisPractice test: Basics of Financial Statement Analysis

Ch 10. Studying for Accounting 102
	Flashcards – Understanding Managerial Accounting Flashcards
	Flashcards – Cost Types & Analysis Flashcards
	Flashcards – Job-Order & Processing Costing Flashcards
	Flashcards – Understanding Activity-Based Costing Flashcards
	Flashcards – Budgeting & Standard Costs Flashcards
	Flashcards – Accounting Reporting Systems & Structures Flashcards
	Flashcards – Accounting Decision-Making Flashcards
	Flashcards – Financial Statement Analysis Flashcards
	Flashcards – Ratios & Calculations in Finance Flashcards
	Lesson 10 – Accounting 102: Intro to Managerial Accounting Formulas

Go to chapter Studying for Accounting 102