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Course Code: BACC416
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Credits: 3
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Hours Distribution: 3 Lec
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Course Type: Major Electives (Major E)
Course Description
Managerial decision-making using accounting information is an integral part of the function of managers in the hospitality industry. Main topics typically include:
- Introduction to managerial decision-making in the hospitality industry.
- Cost behavior analysis in the hospitality industry.
- Cost, volume and profit analysis in the hospitality industry.
- Pricing decisions in the hospitality industry.
- Preparation of operational budgets in the hospitality industry.
- Preparation of cash budgets and control over cash in hospitality operations.
Pre-req: BACC202-Principles of Accounting II.
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