
We will examine responsibility accounting and short-term decisions in this Credit Unit.
Course Outcomes:
- Explain the interrelationship of the accounting systems to all areas of business and business decision making.
- Understand cost behavior and predict break-even points.
- Recognize the components and processes related to various cost accounting systems.
- Analyze the performance of the organization and organizational sub-units.
- Use the budgeting process to prepare budgets and pro forma financial statements.
- Utilize the time-value-of-money concept to analyze capital investment projects.