ACCOUNTING FOR DECISION MAKERS AND
OPERATIONS MANAGEMENT EXAMINATION
STRATEGIC FINANCIAL ANALYSIS, MANAGERIAL
ACCOUNTING, AND OPERATIONAL DECISION-
MAKING FRAMEWORKS
COVERING COST ACCOUNTING • BUDGETING •
PERFORMANCE MEASUREMENT • SUPPLY CHAIN
MANAGEMENT • PROCESS OPTIMIZATION •
BUSINESS DECISION ANALYTICS
SPRING SEMESTER EXAMINATION (2025/2026)
Accounting
the recording of the day-to-day financial activities of a company and the organization of that
information into summary reports used to evaluate the company's financial status
Bookkeeping
the preservation of a systematic, quantitative record of an activity
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Page
accounting system
, used by a business to handle routine bookkeeping tasks and to structure the information so it
can be used to evaluate the performance and financial status of the business
Accounting information
Info that is intended to be useful in making decisions about the future.
The balance sheet, the income statement, and the statement of cashflows
What are the three primary financial statements?
External Users
Who is financial accounting information primarily prepared for and used by?
Managerial Accounting
the name given to accounting systems designed for internal users
Balance Sheet
Reports a company's assets, liabilities, and owners' equity
Income Statement
2
reports the amount of net income earned by a company during a period
Page
OPERATIONS MANAGEMENT EXAMINATION
STRATEGIC FINANCIAL ANALYSIS, MANAGERIAL
ACCOUNTING, AND OPERATIONAL DECISION-
MAKING FRAMEWORKS
COVERING COST ACCOUNTING • BUDGETING •
PERFORMANCE MEASUREMENT • SUPPLY CHAIN
MANAGEMENT • PROCESS OPTIMIZATION •
BUSINESS DECISION ANALYTICS
SPRING SEMESTER EXAMINATION (2025/2026)
Accounting
the recording of the day-to-day financial activities of a company and the organization of that
information into summary reports used to evaluate the company's financial status
Bookkeeping
the preservation of a systematic, quantitative record of an activity
1
Page
accounting system
, used by a business to handle routine bookkeeping tasks and to structure the information so it
can be used to evaluate the performance and financial status of the business
Accounting information
Info that is intended to be useful in making decisions about the future.
The balance sheet, the income statement, and the statement of cashflows
What are the three primary financial statements?
External Users
Who is financial accounting information primarily prepared for and used by?
Managerial Accounting
the name given to accounting systems designed for internal users
Balance Sheet
Reports a company's assets, liabilities, and owners' equity
Income Statement
2
reports the amount of net income earned by a company during a period
Page
