Study Guide

Objective

You show that you are familiar with the basics of cost accounting and budgeting.
You can compute costs for a good produced or service provided by applying different accounting methods.
You can draw up a master budget of an enterprise.
You can apply budgeting in decision making of an enterprise.

Content

How to categorize revenues and expenses of a small enterprise?
How to apply different accounting methods when computing the for a good produced or service provided?
What is the key terminology related to budgeting?
How does the budget system of an enterprise comprise of and how to draw up different types of budgets?
How to utilize budgeting when managing the business operations of an enterprise?

Evaluation scale

1-5

Qualifications

Financial accounting and Management accounting