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Textbook Notes for Fodil Adjaoud

UOTTAWAADM 2341Fodil AdjaoudFall

ADM 2341 Chapter Notes - Chapter 1: Management Accounting, Operational Excellence, Organizational Chart

OC3384883 Page
20 Oct 2014
31
Managerial accounting: the form of accounting concerned with providing information to managers for use in planning and controlling operations and for d
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UOTTAWAADM 2341Fodil AdjaoudFall

ADM 2341 Chapter Notes - Chapter 9: Budget, Income Statement, List Of Caribbean Membranophones

OC3384886 Page
27 Jan 2016
11
Budgets are an important tool used by management to communicate financial objectives for the coming year, allocate resources, and coordinate activities
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ADM 2341 Chapter Notes - Chapter 2: Direct Labor Cost, Opportunity Cost, Financial Statement

OC3384883 Page
21 Oct 2014
37
Direct material: materials that are integral part of finished product and can be traced to it. Direct labor: factory labor costs that can be traced to
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UOTTAWAADM 2341Fodil AdjaoudFall

ADM 2341 Chapter Notes - Chapter 11: Fixed Cost, Variable Cost, Earnings Before Interest And Taxes

OC3384888 Page
27 Jan 2016
10
Decision making spread through organization rather than being confined to a few top executives. Effective decentralization requires segment reporting t
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UOTTAWAADM 2341Fodil AdjaoudFall

ADM 2341 Chapter Notes - Chapter 12: Sunk Costs, Decision-Making, Income Statement

OC3384884 Page
27 Jan 2016
30
1)eliminate costs and benefits that do not differ between alternatives. These irrelevant costs consist of sunk costs and future costs that do not diffe
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ADM 2341 Chapter Notes - Chapter 6: Fixed Cost, Variable Cost, Mortise And Tenon

OC3384882 Page
27 Jan 2016
11
Chapter 6 cost behaviour: how firms react to changes in activity cost structure: proportion of fixed, variable, and mixed cost found in an organization
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UOTTAWAADM 2341Fodil AdjaoudFall

ADM 2341 Chapter Notes - Chapter 8: Direct Labor Cost, Variable Cost, Total Absorption Costing

OC3384883 Page
27 Jan 2016
13
Absorption costing (full cost method) treats all costs of production as product costs, regardless of whether they are variable or fixed. Not suited for
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UOTTAWAADM 2341Fodil AdjaoudFall

ADM 2341 Chapter Notes - Chapter 7: Contribution Margin, Fixed Cost, Earnings Before Interest And Taxes

OC3384886 Page
27 Jan 2016
33
Cvp analysis that helps managers understand relationship between the 3 (cost, volume, profit) and how profit is effected by price, volume, variable cos
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