Apr 22, 2024  
2023-2024 Academic Catalog 
    
2023-2024 Academic Catalog Archived Catalog

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ACTG 202 - Principles of Managerial Accounting


Credit(s): 4

Prerequisite(s): a grade of “C” or better in ACTG 201 .
A continuation of ACTG 201 , this course includes corporate organization, dividends, retained earnings, earnings per share, long-term liabilities, long-term investments and consolidations, statement of cash flows, analysis and interpretation of financial statements, accounting for manufacturing operations, job order costing, process costing, cost-volume-profit relationships, business segments and departmental reporting, planning, and budgeting. (Fall and Spring Semesters)

Course Learning Outcomes: Upon completion of the course, students will be able to
  • Compare and contrast financial and managerial accounting.
  • Identify the field of managerial accounting including career opportunities and ethical considerations.
  • Describe cost behavior and cost-volume relationships.
  • Determine activities, cost and cost drivers.
  • Compare and identify variable and fixed costs.
  • Use cost allocation techniques and activity-based costing.
  • Identify and use relevant information for decision-making.
  • Evaluate opportunity, outlay and differential costs in make or buy decisions.
  • Describe and/or prepare a master budget.
  • Prepare a flexible budget and use variance analysis in decision-making.
  • Describe capital budgeting for programs and projects.
  • Use cost allocation and job costing concepts.



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