Textbook Notes (368,439)
Canada (161,878)
BUS 254 (50)
A G (2)
Chapter 1

Bus 254 chapter 1 notes.doc

3 Pages
124 Views
Unlock Document

Department
Business Administration
Course
BUS 254
Professor
A G
Semester
Winter

Description
Managerial Accountingconcerned with providing information to managers for internal use planning controlling decision makingoReports capturing sales costs orders received benchmarking are createdFinancial Accountingconcerned with providing information to external usersoFollows GAAP and annual and quarterly statements are preparedManagers activities are planning directing and motivating and controllingPlanningSelecting a course of action and specifying how action will be implementedLooking at alternativespicking best oneoAlso look at demand for resources against alternativesRevenues and CostsBudgetsdetailed plan for the future in quantitative termsoPrepared by controller manager in charge of Acc DepartmentDirecting and MotivatingOversee daytoday activities and make sure everything functions smoothlyoMotivate and direct people assigning job answer questions settle disputes etcControllingControlprocess of instituting procedures and obtaining feedback to ensure everything is functioning effectively and towards compan
More Less

Related notes for BUS 254

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit