ACC 101 — Introduction to Managerial Accounting
The primary objective of this course is to explore how accounting information is used to help managers make decisions with an emphasis on their planning and control activities. This objective is accomplished by exploring the terms that are used to classify costs, key business cost behavior patterns, cost-volume-profit analysis, budgeting, raw materials and direct labor variance analysis, short-run decision making using relevant costs, and performance evaluation. Students are
also introduced to how product costs are determined in manufacturing, merchandising, and service businesses.
Requirements and Prerequisites