Unit 1 Introduction
Unit 1 Introduction
As you begin ACC 5301, Management Applications of Accounting, you will begin with an introduction to the language of business: accounting, and it takes time and practice to become proficient in understanding and using accounting concepts. The more you practice, the easier it will become, and soon, you too will be speaking the language of business.
Upon completion of this unit, students should be able to:
- Analyze accounting information used to make strategic business decisions.
3.1 Define managerial accounting.
3.2 Compare and contrast managerial and financial accounting.
3.3 Define strategic business decisions.
3.4 Analyze accounting information.
Sample Solution
