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9 Cards in this Set
- Front
- Back
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Financial Accounting
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Focuses on reporting to external parties such as investors, government agencies, banks, and suppliers.
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Cost Accounting
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measures, analyzes, and reports financial and nonfinancial information relating to the costs of acquiring or using resourses in an organization.
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Cost Management
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describe the approaches and activities of managers to use resources to increase value to customers and to achieve organizational goals.
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Enterprise Resources Planning
(EPR) |
databases that collect data and feed it into applications that support the company's business activities, such as purchasing, production, distribution, and sales.
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Value Chain
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is the single sequence of business functions in which customer usefulness is added to products.
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Value Chain Analysis
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1. Research and Development (R&D)
2. Design of products and processes 3. Production 4. Marketing (+sale) 5. Distribution 6. Customer services |
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Supply Chain
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describes the flow of goods, services, and information from the initial sources of materials and services to the delivery of products to customers, regardless of whether those activities occur in the same organization or in other organizations.
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Process costing
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Many IDENTICAL AND SIMILAR
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Job Costing
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Activity Based Costing
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