Students will be able to
- record transactions in a business cycle,
- prepare financial documents,
- perform financial statement analysis,
- allocate costs in a job-costing environment,
- allocate costs in a process costing environment,
- apply activity based costing to increase accuracy in cost allocation,
- prepare budgets,
- perform variance analysis,
- identify relevant costs in a decision making problem,
- select among alternative courses of actions,
- use engineering economy factors,
- compare alternatives via present worth, future worth and annual worth methods.