Managerial Accounting / Cost Accounting

1. How a job order costing system works and what type of business would use it
2. How a process costing system works and what type of business would use it
3. Cost volume profit analysis (CVP) and how CVP tools can be used to make business decisions rationally
4. How to construct a master budget
5. How to construct a flexible budget and use it to make rational decissions
6. How to use responsibility accounting to hold different areas of a business accountable in a rational way
7. Relevant cost analysis as a took to make rational business decissions
8. Time value of money techniques to help make decision about long term projects