This subject deals with the basic techniques for the identification and control of costs and cost management
CIMA C01: Certificate in Business Accounting
What is it about?
This subject deals with the basic techniques for the identification and control of costs and cost management. It introduces the context of management accounting in commercial and public sector bodies and its wider role in society. It identifies the position of the management accountant within organisations and the role of CIMA.
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App Store Description
This subject deals with the basic techniques for the identification and control of costs and cost management. It introduces the context of management accounting in commercial and public sector bodies and its wider role in society. It identifies the position of the management accountant within organisations and the role of CIMA.
Classification of costs and cost behaviour provides a basis for understanding the various tools available for planning, control and decision making. Budgetary control requires the setting of targets and standards while the analysis of variances demonstrates the levels of performance within organisations.
Accounting control mechanisms are identified and applied to provide information to managers to achieve operational efficiency. Investment appraisal, break-even analysis and profit maximising are used to aid both long and short-term decision making
App Contents:
√ Full Session Practice Questions
√ Based on 2017 Syllabus
√ Detailed Answer and Explanations
√ Test-Taking Strategy
KEY FEATURES:
• Most Updated Questions.
• Two practice modes: simulation and study.
• Show Timer: Enabling this feature; The App will track your speed how fast you are going...
• Explanation (On Study Mode)
• Score Report At The End of Each Practice.
• Review All Your Answers At The End of Each Exam
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