This video explains the concept of standard costing and its relevance to managerial control. This information is then used to establish a standard system for applying costs and analyzing the management of a particular project or activity.

What is the Stacey Matrix? It is designed to help understand the factors that contribute to complexity and choose the best management actions to address different degrees of complexity.

What is the Six Hats Appraoch? "Six Thinking Hats" is a way of investigating an issue from a variety of perspectives, but in a clear, conflict-free way. It can be used by individuals or groups to move outside habitual ways of thinking,...

This video provides a clear explanation of short-run decision making and emphasizes its importance in the decision making process, particularly in terms of the immediate impact and time frame involved.

Sexual Harassment and Discrimination Under Title VII

Sex Discrimination under Title VII

The selling and administrative expense budget is a plan to set aside resouces for expenses not related to manufacturing. Often these resources are separated in distinct accounts for selling, administration, and administrative tasks

Agents have the authority to act on behalf of the principal. The scope of this authority, however, is limited. This video explains what is the Scope of an Agent's Authority and how is that authority limited.

Sales Oriented Pricing Strategy

Restricted Securities - Rule 144

In this video, the speaker explains what constitutes income for the purpose of taxation and how it is calculated to determine one's tax liability. He covers various sources of income such as wages, self-employment income, dividends,...

This video provides an overview of variable overhead analysis, its importance in decision making and budgeting, and the metrics used to measure and analyze these costs.

What is the Whole Brain Model? The Whole Brain® Model is a metaphor for how we think. But it’s also a practical approach to observing and describing our thinking preferences — and the preferences of those around us.

What is the Value of Dividends Method of Business Valuation? This method relies on the idea that a stock is only worth what it will provide to investors in future dividends. If a business does not currently distribute dividends, the...

French and Raven, researchers at the University of Michigan, identified five bases — or sources — of social power in 1959: legitimate, reward, referent, expert, coercive

What are Term Sheets? What are the primary term sheet provisions? A term sheet often covers four main categories: the deal economics, the investor rights, the governance and oversight, and the exit terms. A term sheet must communicate...

An individuals tax filing status is used to determine tax obligations and eligibility for deductions, credits, etc. This video explains the primary tax filing statuses based upon marital status, home upkeep and resident alien status.

In this video, the speaker discusses how budgets are used as a tool for performance evaluation. The speaker highlights several key performance indicators (KPIs) or metrics that can be derived from the budget. Overall, the video...

Control or controlling is a core function of manageers. Whare the Categories of Manager Control? Controlling can be defined as that function of management which helps to seek planned results from the subordinates, managers and at all...

What should be included in the Financial Projections portion of the business plan? The financial section of your business plan should include a sales forecast, expenses budget, cash flow statement, balance sheet, and a profit and loss...

Budgeting or setting a budget is the process of allocating resources to future or intended activities. There many types of budget and manners of involvement in the budgeting process.

This video explains the high-low method of breaking down mixed costs in managerial accounting. The high-low method is a commonly used approach to cost accounting in managerial accounting.

Law in the United States provides numerous protections for debtors against unfair or unjust treatment by creditors. This video explores what are the rights and legal protections of a debtor under US Law?

Should a business raise money through selling equity or incurring debt? Debt financing may have more long-term financial benefits than equity financing. With equity financing, investors will be entitled to profits, and if you sell the...