1. Four perspectives used in the Balanced Scorecard, the nature of each perspectives and linked to each other.
2. Identify and define the cost elements that are incurred in making a product and how is the cost of goods manufactured determined.
3. Difference between a product cost and a period cost.
4. Distinguish between the two types of cost accounting systems.
5. Identify points, lines and areas of a CVP (cost-voume-profit) graphs that are interest to management.
6. Management uses several capital budgeting approaches in evaluating projects for possible investment. Identify those approaches that are more desirable from a conceptual standpoint, and briefly explain what features these approaches have.