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Lecture Managerial Accounting - Chapter 1: Managerial Accounting
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Lecture Managerial Accounting - Chapter 1: Managerial Accounting. After studying this chapter, you should be able to: Explain the distinguishing features of managerial accounting, identify the three broad functions of management, define the three classes of manufacturing costs, distinguish between product and period costs, explain the difference between a merchandising and a manufacturing income statement, indicate how cost of goods manufactured is determined. |