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Accounting 102: Intro to Managerial Accounting

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Course Summary

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

Course Practice Test

Check your knowledge of this course with a 50-question practice test.
  • Comprehensive test covering all topics
  • Detailed video explanations for wrong answers
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
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
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
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
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
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
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
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
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
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
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
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
Score: {{cp.lessonAssetIdToProgress[14576].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14576].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(1, 10)}}
Ch 2. Cost Types {{cp.topicAssetIdToProgress[82313].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Comparing Cost Classifications Score: {{cp.lessonAssetIdToProgress[82314].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82314].bestScoreQuestions}}  Take Quiz Optional
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
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
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
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
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
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
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
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
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
Score: {{cp.lessonAssetIdToProgress[82316].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82316].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(2, 10)}}
Ch 3. Cost Behavior Analysis & Cost-Volume Profit {{cp.topicAssetIdToProgress[82317].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - How to Analyze Mixed Costs Score: {{cp.lessonAssetIdToProgress[82318].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82318].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82318].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82318].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Creating Contribution Margin Income Statements Score: {{cp.lessonAssetIdToProgress[80546].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80546].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[80546].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80546].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Cost-Volume-Profit Analysis: Definition & Examples Score: {{cp.lessonAssetIdToProgress[82319].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82319].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82319].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82319].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How to Select a Cost Structure for CVP Score: {{cp.lessonAssetIdToProgress[82320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82320].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82320].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Target-Profit & Break-Even Analysis Score: {{cp.lessonAssetIdToProgress[82321].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82321].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82321].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82321].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(3, 10)}}
Ch 4. Job-Order Costing & Process Costing {{cp.topicAssetIdToProgress[82322].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Absorption Costing: Income Statement & Marginal Costing Score: {{cp.lessonAssetIdToProgress[82323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82323].bestScoreQuestions}}  Take Quiz Optional
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
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
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
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
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
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
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
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
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
Score: {{cp.lessonAssetIdToProgress[82330].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82330].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(4, 10)}}
Ch 5. Basics of Activity-Based Costing {{cp.topicAssetIdToProgress[82331].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Identifying Activity-Based Cost Pools & Drivers Score: {{cp.lessonAssetIdToProgress[80535].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80535].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[80535].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80535].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Activity-Based Costing: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[54320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54320].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[54320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54320].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Activity-Based Costing Process Score: {{cp.lessonAssetIdToProgress[82332].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82332].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82332].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82332].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Comparing Traditional Costing & Activity-Based Costing Score: {{cp.lessonAssetIdToProgress[80533].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80533].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[80533].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80533].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Benefits & Limitations of Activity-Based Costing Score: {{cp.lessonAssetIdToProgress[80538].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80538].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[80538].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80538].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(5, 10)}}
Ch 6. Budgeting & Standard Costs {{cp.topicAssetIdToProgress[82333].percentComplete}}% complete
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
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
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
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
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
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
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
Score: {{cp.lessonAssetIdToProgress[14584].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14584].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(6, 10)}}
Ch 7. Reporting Systems & Structures in Accounting {{cp.topicAssetIdToProgress[82336].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Segment Reporting Basics & Tools Score: {{cp.lessonAssetIdToProgress[82337].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82337].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82337].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82337].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Segment Margin & Decision-Making in Accounting Score: {{cp.lessonAssetIdToProgress[82338].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82338].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[82338].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82338].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Responsibility Accounting: Benefits & Limitations Score: {{cp.lessonAssetIdToProgress[80583].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80583].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[80583].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80583].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Investment Center Evaluation: Formula & Residual Income Score: {{cp.lessonAssetIdToProgress[80585].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80585].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[80585].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80585].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Balanced Scorecard as a Strategic Management System Score: {{cp.lessonAssetIdToProgress[78546].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[78546].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[78546].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[78546].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(7, 10)}}
Ch 8. Short & Long-Term Decision-Making in Accounting {{cp.topicAssetIdToProgress[82339].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Relevant & Irrelevant Costs for Decision-Making Score: {{cp.lessonAssetIdToProgress[82340].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82340].bestScoreQuestions}}  Take Quiz Optional
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
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
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
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
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
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
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
Score: {{cp.lessonAssetIdToProgress[82344].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[82344].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(8, 10)}}
Ch 9. Basics of Financial Statement Analysis {{cp.topicAssetIdToProgress[82345].percentComplete}}% complete
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
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
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
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
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
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
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
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
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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Exam Steps

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Pre-Exam Checklist

Before taking the exam, all of the following requirements must be met:

A College Accelerator Study.com membership.
Completed the entire Accounting 102: Intro to Managerial Accounting course and achieved 100% Course Progress.
Not attempted to take this exam within the last three days.
Have available proctored exams in this month of membership.
Complete the exam readiness quiz.
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Please complete all of the pre-requirements in the Pre-Exam Checklist in order to take the exam.

Exam Process Details

1. Register For Exam

Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the academic integrity policy. Then just confirm your name and the exam name, and you're ready to go!

2. Download Software Secure

You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download Software Secure and follow the installation instructions.

3. Take Exam

The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until you're sure you can complete the entire thing. And remember to pace yourself!

4. Get Exam Results

We will send you an email with your official exam results within 1 to 2 weeks. If you would like to raise your grade after receiving your exam results, you can retake quizzes with fewer than 3 attempts. You will then need to retake the final exam.

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Practice Tests in this course
Check your knowledge of this course with a 50-question practice test. Once you take the test, you will receive a detailed exam report complete with your personal statistics and even specific lessons to focus on! Take the practice test now
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  • Video lessons to explain complicated concepts
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