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Textbook Notes for Klatt Margaret

UVICCOM 316Klatt MargaretSpring

COM 316 Chapter Notes - Chapter 1: Operational Excellence, Corporate Social Responsibility, Risk Management

OC5362374 Page
12
Identify the major differences and similarities between financial and managerial accounting: managerial accounting - Provides data that helps organizat
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UVICCOM 316Klatt MargaretSpring

COM 316 Chapter Notes - Chapter 2: Income Statement, Variable Cost, Fixed Cost

OC5362373 Page
12
Distinguish between product costs and period costs, and give examples of each: product costs: all costs that are involved in the purchase or manufactur
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UVICCOM 316Klatt MargaretSpring

COM 316 Chapter Notes - Chapter 3: Contribution Margin, Income Statement, Fixed Cost

OC5362372 Page
25
Prepare an income statement using the contribution format: contribution approach - an income statement format where costs are separated into variable a
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