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Accounting 102: Intro to Managerial Accounting

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Accounting 102: Intro to Managerial Accounting has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. The course contains engaging video lesson and interactive self-assessments. Complete the course to get a head start on your degree!
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10 chapters in Accounting 102: Intro to Managerial Accounting

Week {{::cp.getGoalWeekForTopic(0, 10)}}
Ch 1. Overview of Managerial Accounting {{cp.topicAssetIdToProgress[82309].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What Is Accounting? - Purpose, Importance & Relationship to Business Score: {{cp.lessonAssetIdToProgress[9165].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9165].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - External and Internal Users and Uses of Accounting Score: {{cp.lessonAssetIdToProgress[9166].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9166].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is GAAP? - The Generally Accepted Accounting Principles Score: {{cp.lessonAssetIdToProgress[9167].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9167].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Managerial Accounting Functions Score: {{cp.lessonAssetIdToProgress[39378].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[39378].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Comparing Financial & Managerial Accounting Score: {{cp.lessonAssetIdToProgress[82310].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82310].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - The Strategic Management Process Score: {{cp.lessonAssetIdToProgress[2148].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2148].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Ways to Manage Risk: Insurable and Uninsurable Risk Score: {{cp.lessonAssetIdToProgress[13144].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13144].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Process Management: Lean Production Model & Theory of Constraints Score: {{cp.lessonAssetIdToProgress[82311].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82311].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Ethics in Managerial Accounting Score: {{cp.lessonAssetIdToProgress[82312].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82312].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Social Responsibility in Organizations Score: {{cp.lessonAssetIdToProgress[2170].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2170].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - The Levels of Corporate Social Responsibility Score: {{cp.lessonAssetIdToProgress[29591].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[29591].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Sarbanes Oxley Act Score: {{cp.lessonAssetIdToProgress[14576].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14576].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(1, 10)}}
Course Progress Best Score
Lesson 1 - Comparing Cost Classifications Score: {{cp.lessonAssetIdToProgress[82314].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82314].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Cost Behavior: Definition & Pattern Analysis Score: {{cp.lessonAssetIdToProgress[16038].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16038].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Cost Classification: Predicting Behavior & Decision-Making Score: {{cp.lessonAssetIdToProgress[82315].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82315].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Fixed Costs: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[9551].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9551].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Variable Cost: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[9609].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9609].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Opportunity Cost: Definition & Real World Examples Score: {{cp.lessonAssetIdToProgress[1913].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1913].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How to Calculate Opportunity Cost Score: {{cp.lessonAssetIdToProgress[1914].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1914].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Sunk Costs: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15725].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15725].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Implicit Costs: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15717].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15717].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Contribution Margin vs. Traditional Income Statements Score: {{cp.lessonAssetIdToProgress[82316].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82316].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(3, 10)}}
Course Progress Best Score
Lesson 1 - Absorption Costing: Income Statement & Marginal Costing Score: {{cp.lessonAssetIdToProgress[82323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82323].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Job-Order Costing System Processes Score: {{cp.lessonAssetIdToProgress[82324].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82324].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Flow of Costs without Journal Entries Score: {{cp.lessonAssetIdToProgress[82325].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82325].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Cost Classifications on Goods & Inventory Statements Score: {{cp.lessonAssetIdToProgress[82326].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82326].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Inventory Cost: Definition, Methods & Types Score: {{cp.lessonAssetIdToProgress[23185].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23185].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Issues of Overhead Application without Journal Entries Score: {{cp.lessonAssetIdToProgress[82327].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82327].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Job Order Cost System for Service Companies Score: {{cp.lessonAssetIdToProgress[80521].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80521].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Comparing Job-Order & Process Costing Score: {{cp.lessonAssetIdToProgress[82328].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82328].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Cash Flows in Process Costing without Journal Entries Score: {{cp.lessonAssetIdToProgress[82329].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82329].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Weighted-Average Method of Equivalent Units of Production Score: {{cp.lessonAssetIdToProgress[82330].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82330].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(5, 10)}}
Course Progress Best Score
Lesson 1 - Master Budget in Accounting: Definition, Components & Example Score: {{cp.lessonAssetIdToProgress[15966].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15966].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Different Parts of the Master Budget Score: {{cp.lessonAssetIdToProgress[82334].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82334].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Flexible Budgeting: Advantages & Explanation Score: {{cp.lessonAssetIdToProgress[7502].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7502].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Standard Costs: Definition & Advantages Score: {{cp.lessonAssetIdToProgress[80587].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80587].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - How Companies Set Standard Costs Score: {{cp.lessonAssetIdToProgress[80588].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80588].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Variance Analysis Model in Accounting Score: {{cp.lessonAssetIdToProgress[82335].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82335].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Management By Exception: Definition and Limitations Score: {{cp.lessonAssetIdToProgress[14584].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14584].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(7, 10)}}
Course Progress Best Score
Lesson 1 - Relevant & Irrelevant Costs for Decision-Making Score: {{cp.lessonAssetIdToProgress[82340].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82340].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - How to Determine Costs & Make Decisions Score: {{cp.lessonAssetIdToProgress[82341].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82341].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is Capital Budgeting? - Techniques, Analysis & Examples Score: {{cp.lessonAssetIdToProgress[16051].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16051].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Discounted Cash Flow, Net Present Value & Time Value of Money Score: {{cp.lessonAssetIdToProgress[82342].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82342].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Alternative Approaches to Capital Budgeting Decisions Score: {{cp.lessonAssetIdToProgress[82343].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82343].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Payback Analysis: Formula & Example Score: {{cp.lessonAssetIdToProgress[8491].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[8491].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Investment Spending: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15827].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15827].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Simple Rate of Return Method in Capital Budgeting Score: {{cp.lessonAssetIdToProgress[82344].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82344].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(8, 10)}}
Course Progress Best Score
Lesson 1 - Financial Statement Analysis: Definition, Purpose, Elements & Examples Score: {{cp.lessonAssetIdToProgress[39379].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[39379].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Limitations of Financial Statement Analysis Score: {{cp.lessonAssetIdToProgress[82346].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82346].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - How to Calculate Earnings Per Share: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16027].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16027].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Ratios of Interest to the Short-Term Creditor Score: {{cp.lessonAssetIdToProgress[82347].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82347].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Current Ratio in Accounting: Definition, Formula & Analysis Score: {{cp.lessonAssetIdToProgress[16006].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16006].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - What Is Inventory Turnover? - Definition, Formula & Calculation Score: {{cp.lessonAssetIdToProgress[16031].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16031].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Liquidity Ratio: Definition, Calculation & Analysis Score: {{cp.lessonAssetIdToProgress[7470].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7470].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Ratios of Interest to the Long-Term Creditor Score: {{cp.lessonAssetIdToProgress[82348].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82348].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - What Is a Value Chain? - Definition, Analysis & Example Score: {{cp.lessonAssetIdToProgress[15996].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15996].bestScoreQuestions}}  Take Quiz Optional
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