2 pages answering these questions
Describe the functions of, and explain the nature and scope of managerial accounting
Understand the role of performance measures in an organization
Explain the nature, purpose, and scope of responsibility accounting
Understand the role of management accounting in planning, control, and adaptation
Differentiate between various costing systems and various forms of responsibility centers
Understand the relativity of managerial accounting data and information, and to interpret, present, evaluate and use it effectively and appropriately in internal management decision making
Assess and demonstrate the relevance and applicability of managerial accounting information to decision making by nonfinancial management
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