Of all of the managerial accounting topics that you learned about this.docx
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10 Steps to Developing an Effective Learning Solution Business Case
Of all of the managerial accounting topics that you learned about this.docx
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Of all of the managerial accounting topics that you learned about this semester, which one(s) do you think you might use in your career? Why is this important, and how do you see using this managerial accounting information? Participate in discussion by providing suggestions for other uses of managerial accounting information or by asking questions regarding classmates Solution Most important aspect of managerial accounting is Cost Volume Profit analysis and standard cost accounting system. CVP is much important while deciding a firms breake even sales, making decision regarding make or buy, accepting or rejecting an order, relevent cost, Opportunity cost, finding out profitable product mix, Optimal use of scarce resources, etc. Standard Cost accounting system on the other indicates the problems areas where performance of a certain work center lacks, accordingly management can take immediate action. .
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Of all of the managerial accounting topics that you learned about this.docx
- Of all of the managerial accounting topics that you learned about this semester, which one(s) do you think you might use in your career? Why is this important, and how do you see using this managerial accounting information? Participate in discussion by providing suggestions for other uses of managerial accounting information or by asking questions regarding classmates Solution Most important aspect of managerial accounting is Cost Volume Profit analysis and standard cost accounting system. CVP is much important while deciding a firms breake even sales, making decision regarding make or buy, accepting or rejecting an order, relevent cost, Opportunity cost, finding out profitable product mix, Optimal use of scarce resources, etc. Standard Cost accounting system on the other indicates the problems areas where performance of a certain work center lacks, accordingly management can take immediate action.