Principles of Cost and Managerial Accounting (ACCT 202) is a College of Business and Administration requirement. It is provided as a core course in the second year, the fourth level with three credit hours (3-1-3). This course discusses the conceptual aspects of cost and managerial accounting and the role it plays in the decision-making process. It offers an understanding of traditional and contemporary costing techniques and analysis of those techniques in the context of managerial issues. Particular emphasis is placed on the cost-volume-profit analysis (CVP), overhead allocations, relevant costs for decision making, planning and budgeting, cost variances, and inventory evaluation