Ch 18: Studying for Accounting 303

About This Chapter

This series of online flashcards covers the terms and concepts from Accounting 303: Cost Accounting. Access these study tools at any time to memorize important terms and achieve a high score in the course.

Studying for Accounting 303 - Summary

These simple and fun flashcards are designed to improve your comprehension of essential cost accounting concepts from Accounting 303, such as budgetary processes, cost estimation and activity-based costing. You'll be able to access these flashcards at any time that's convenient. Additional topics you can expect to study include:

  • Decision making through cost accounting
  • Analysis of cost behavior
  • Accounting cost classification
  • Types of cost systems
  • Costing techniques and methods
  • Trends and ethics in accounting
  • Cost-volume-profit analysis
  • Service and product costing
  • Allocation of service departments and joint costs
  • Formulas and standard costs in accounting

How They Work

You can work through these flashcard sets at your own pace and repeat cost accounting terms until you've memorized them.

  •  Open a flashcard set for the cost accounting topic you're studying.
  •  Identify the term or concept on the flashcard.
  •  Click the button to flip the card and view the answer.
  •  Select whether you got it right or missed it to keep track of your progress.
  •  Click the Next arrow to proceed through the flashcard set.
  •  Review the cards you missed or shuffle all cards back in and go through them again.

14 Lessons in Chapter 18: Studying for Accounting 303
Budgetary Processes Flashcards

Budgetary Processes Flashcards

Focus on the budgetary processes used in accounting by checking out this set of flashcards. You can review many different budgets and the information found on them.

Cost Accounting for Decision Making Flashcards

Cost Accounting for Decision Making Flashcards

Focus on how cost accounting can influence decision-making in business with this set of flashcards. You can consider some of the Generally Accepted Accounting Principles with these cards.

Cost Behavior Analysis Flashcards

Cost Behavior Analysis Flashcards

Access this set of flashcards to review cost behavior analysis. Practice utilizing the formulas used in this kind of analysis and work with these cards to go over different kinds of costs.

Cost Classifications in Accounting Flashcards

Cost Classifications in Accounting Flashcards

Get familiar with cost classification in the field of accounting by accessing this set of flashcards. You can go over specific costs and the formulas used to calculate them with these cards.

Cost Estimation Flashcards

Cost Estimation Flashcards

Access this set of flashcards to review the process of cost estimation in accounting. You can go over techniques for estimating project costs and accounting's high-low method.

Cost System Types in Accounting Flashcards

Cost System Types in Accounting Flashcards

Get familiar with the different cost system types by checking out this set of flashcards. Focus on job order costing and the importance of the cost of goods sold.

Costing Methods & Techniques Flashcards

Costing Methods & Techniques Flashcards

Use this set of flashcards to go over the different techniques used in costing. You can focus on the differences between these methods and how they might be used by businesses.

Ethics & Trends in Accounting Flashcards

Ethics & Trends in Accounting Flashcards

The flashcards in this set can help you go over the ethical guidelines that govern accounting. You'll also be able to consider some recent trends in the world of accounting.

Intro to Activity-Based Costing Flashcards

Intro to Activity-Based Costing Flashcards

Get familiar with the foundations of activity-based costing by checking out this set of flashcards. You can review the advantages and disadvantages of this type of costing.

Intro to Cost-Volume-Profit Analysis Flashcards

Intro to Cost-Volume-Profit Analysis Flashcards

Access these flashcards to review information about cost-volume-profit analysis in accounting. You can focus on a business's break-even point and the margin of safety with these cards.

Product & Service Costing Flashcards

Product & Service Costing Flashcards

The flashcards in this set can help you review service and product costing in accounting. You'll be able to consider the flow of costs and issues associated with outsourcing by checking out these cards.

Service Department & Joint Cost Allocation Flashcards

Service Department & Joint Cost Allocation Flashcards

The flashcards in this set can help you review joint cost allocation. Focus on the role of service departments in different types of cost allocation with these cards.

Standard Costs & Formulas for Accounting Flashcards

Standard Costs & Formulas for Accounting Flashcards

Use these flashcards to review information about standard costs. You'll also find cards dealing with common accounting formulas and how they are used in businesses.

Accounting 303: Cost Accounting Formulas

14. Accounting 303: Cost Accounting Formulas

Accounting 303 covers many aspects of cost accounting, so this is a formula sheet with the information in one place for ratios and calculations. You can print it out and use it on the proctored exam to help calculate accounting information.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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