Bus 215 - Study guides, Class notes & Summaries
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![BUS 215 Midterm || Passed!!!](/docpics/5936929/66ae295ee7954_5936929_121_171.jpeg)
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BUS 215 Midterm || Passed!!!
- Exam (elaborations) • 2 pages • 2024
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Profit correct answers (Sales - Variable Expenses) - Fixed Expenses 
or 
(CM ratio x Sales) - Fixed Expenses 
 
Predetermined Overhead Rate correct answers estimated total manufacturing overhead / estimated total amount of the allocation base 
 
contribution margin per unit correct answers = Selling Price per unit - Variable expense per unit 
 
CM ratio correct answers Contribution Margin / Sales 
 
Variable Expense Ratio correct answers (Variable Expenses/Sales) or (1-CM ratio) 
 
Change in CM...
![BUS 215 Quiz 1 || Correctly Solved!!](/docpics/5936633/66ae17190bf8f_5936633_121_171.jpeg)
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BUS 215 Quiz 1 || Correctly Solved!!
- Exam (elaborations) • 2 pages • 2024
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Which of the following concepts are considered one of the three pillars of managerial accounting? correct answers decision making 
 
true or false: managerial accounting reports does not need to follow generally accepted accounting principals (GAAP)? correct answers True 
 
The process used by a company to identify risks and develop responses to those risks that enable a company to be reasonably assured of meetings its goals is known as: correct answers enterprise risk management 
 
The focal po...
![BUS 215- Quiz 1 & 2 answers || All correct.](/docpics/5936671/66ae18f50a630_5936671_121_171.jpeg)
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BUS 215- Quiz 1 & 2 answers || All correct.
- Exam (elaborations) • 2 pages • 2024
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Which one of the following concepts are considered one of the three pillars of managerial accounting? 
-the value chain 
-strategic management 
-budgeting 
-decision making correct answers decision making 
 
T/F: managerial accounting reports need not follow GAAP correct answers true 
 
The process used by a company to identify risks and develop responses to those risks that enable a company to be reasonably assured of meeting a goal is known as... correct answers enterprise risk management 
 
T...
BUS 215 Week 4 Discussion 1, Correctly Answered /LATEST UPDATE VERSION/ GRADED A+
BUS 215 WEEK 5 DISCUSSION 1, CORRECTLY ANSWERED /LATEST UPDATE VERSION/ GRADED A+
BUS 215 WEEK 3 DISCUSSION 1, CORRECTLY ANSWERED /LATEST UPDATE VERSION/ GRADED A+
BUS 215 WEEK 4 DISCUSSION 2, CORRECTLY ANSWERED /LATEST UPDATE VERSION/ GRADED A+
BUS 215 WEEK 5 DISCUSSION 2, CORRECTLY ANSWERED /LATEST UPDATE VERSION/ GRADED A+
BUS 215 WEEK 4 DISCUSSION 1, CORRECTLY ANSWERED /LATEST UPDATE VERSION/ GRADED A+
BUS 215 Week 4 Discussion 1, Correctly Answered /LATEST UPDATE VERSION/ GRADED A+
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