In order to facilitate the preparation of candidates for the exam, the editor of Gordon Financial CMA has compiled the following key points of the management accounting exam for your reference: 1. Generally speaking, responsibility accounting includes responsibility accounting sy

In order to facilitate the majority of candidates to prepare for the exam, the CMA editor of Gordon Finance has compiled the following key points of the management accounting exam for your reference:

1. Generally speaking, responsibility accounting includes the responsibility accounting system, corporate performance evaluation system and incentive mechanism, and setting responsibility goals. , year-end assessment and evaluation, etc.

2, semi-fixed costs are also called jump costs, or stepped variable costs .

3. The calculation method of operating profit under full cost method: operating gross profit = sales revenue - production cost of sold products, operating profit = operating gross profit - period expenses .

4, regression analysis method , volume-cost-profit analysis method, quadratic curve method, input-output method and econometric method all belong to causal analysis method .

5, exponential smoothing method is also called the smoothing coefficient method. Forecast cost in the planning period = smoothing coefficient (a)

6. The division range of the operation period and construction period of long-term investment.

7. Basic procedures for preparing budgets: prepare sales budget ; prepare production budget ; prepare direct labor budget and direct materials budget based on sales budget and production budget.

8. The formulation of cost standards. Cost standards are the limits on the quantity of project expenses that constitute the company's product costs and expenses. The formulation of this quantity limit is the prerequisite for implementing cost control.

9, variance expectation value.

10, The differences between the variable cost method and the complete cost method are reflected in: differences in product composition; different procedures for calculating operating profit; differences in the format of the profit and loss statement; differences in calculated sales costs.

11. Volume cost-benefit analysis (safety margin) is divided into: safety margin quantity ; safety margin amount; safety margin rate.

12. Variable costs include: direct materials , direct labor and manufacturing costs, including material supplies, fuel, and power costs that change in proportion to output, as well as sales commissions, shipping fees, packaging fees, etc. paid based on sales volume. These knowledge points can be found on the official website of Golden Finance CMA.

13. Related costs include: Related costs mainly include opportunity costs. cash cost . replacement cost . differential cost. marginal cost . Costs can be avoided. Costs can be deferred. Exclusive cost.

14. Variable manufacturing overhead differences: direct material differences: quantity and price; direct labor differences: wage rate (price) and efficiency (quantity); fixed manufacturing overhead two-difference method: budget and capacity; fixed Three-difference approach to manufacturing overhead: expenses, capabilities, and efficiency. The advantages of

15, flexible budget are: on the one hand, it can adapt to changes in different business activities, expand the scope of the budget, better exert the control effect of the budget, and avoid frequent adjustments to the budget when the actual situation changes. Modification; on the other hand, it can make the evaluation and assessment of actual implementation of the budget on a more objective and comparable basis.

16. The basic contents of the responsibility accounting system: 1. Set up a responsibility center and clarify the scope of powers and responsibilities. 2. Prepare responsibility budget and determine assessment standards. 3. Establish a tracking system to conduct feedback control of and . 4. Analyze and evaluate performance and establish a reward and punishment system.

Finally, the editor of Gordon CMA wishes everyone a good result in the CMA exam!