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Solutions Manual Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton Chapters 1 - 17 Complete $19.49   Add to cart
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Solutions Manual Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton Chapters 1 - 17 Complete
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Solutions Manual Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton Chapters 1 - 17 Complete Solutions Manual Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton Chapters 1 - 17 CompleteSolutions Manual Man...

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  • September 27, 2024
  • 1258
  • 2024/2025
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Solutions Manual
x




Managerial Accounting: Creating Value in a Dynamic B
x x x x x x x




usiness Environment, 13th Edition by Hilton Chapters 1
x x x x x x x




- 17 Complete
x x x

,TABLE OF CONTENTSx x




Chapterx1:xThexChangingxRolexofxManagerialxAccountingxinxaxDynamicxBusinessxEn

vironmentxChapterx2:xBasicxCostxManagementxConcepts

Chapterx3:xProductxCostingxandxCostxAccumulationxinxaxBatchxProductionxEnvironm

entxChapterx4:xProcessxCostingxandxHybridxProduct-CostingxSystems

Chapterx5:xActivity-BasedxCostingxandxManagement

Chapterx6:xActivityxAnalysis,xCostxBehavior,xandxCostxEsti

mationxChapterx7:xCost-Volume-ProfitxAnalysis

Chapterx8:xVariablexCostingxandxthexMeasurementxofxESGxandxQualityxCo

stsxChapterx9:xFinancialxPlanningxandxAnalysis:xThexMasterxBudget

Chapterx10:xStandardxCostingxandxAnalysisxofxDirectxCosts

Chapterx11:xFlexiblexBudgetingxandxthexManagementxofxOverheadxandxSupportxActiv

ityxCostsxChapterx12:xResponsibilityxAccountingxandxthexBalancedxScorecard

Chapterx13:xInvestmentxCentersxandxTransferxPricingx

Chapterx14:xDecisionxMaking:xRelevantxCostsxandxBen

efits

Chapterx15:xTargetxCostingxandxCostxAnalysisxforxPricingxDe

cisionsxChapterx16:xCapitalxExpenditurexDecisions

Chapterx17:xAllocationxofxSupportxActivityxCostsxandxJointxCosts




AppendixxI:xThexSarbanes-

OxleyxAct,xInternalxControls,xandxManagementxAccountingxAppendixxII:xCompoundxI

nterestxandxthexConceptxofxPresentxValue

AppendixxIII:xInventoryxManagement

,CHAPTER 1 x


The Crucial Role of Managerial Accounting in
x x x x x x x


a Dynamic Business Environment
x x x




FOCUSxONxETHICSx(LocatedxbeforexthexChapterxSummaryxinxthextext.)
Thexfocus-on-
ethicsxinsetxforxChapterx1xisxthexIMAxStatementxofxEthicalxProfessionalxPractice.xInstructorsx
canxusexthisxlistxofxethicalx principlesx andxstandardsxtoxleadxaxclassxdiscussion.xThexdisc
ussionxcanxalsoxrangextoxconsiderationxofxhowxthesexstandardsxmayxhavexbeenxviol
atedxbyxaccountantsxandxmanagersxinvolvedxinxthexvariousx ethicalxscandalsxuncoveredx
overxthexpastxseveralxyears.xItxisxalsoxusefulxtoxdiscussxthexprosxandxconsxofxthexprocedur
esxthatxIMAxsuggestsxforxitsxmembersxwhenxtheyxbelievextheyxknowxaboutxethicalxlapsesx
inxtheirxorganizations.

ANSWERSxTOxREVIEWxQUESTIONS
1-1 Thexexplosionx inx e-
commercex willx affectx managersxinx significantx ways.x Onex effectx willxbexaxdrasticxre
ductionxinxpaperx work.x Millionsxofx transactionsxbetweenx businessesx arexnowxbein
gxconductedxelectronicallyxwithxnoxhard-
copyxdocumentation.xAlongxwithxthisxmethodxofxcommunicatingxforxbusinessxtr
ansactionsxcomesxthexveryxsignificantxissuexofxinformationxsecurity.xBusinessesxn
eedxtoxfindxwaysxtoxprotectxconfidentialxinformationxinxtheirxownxcomputers,xi
nxcloudxcomputingxdataxcenters,xandxwhilexmovingx acrossx thex internet,x whilex
atxthex samex timex sharingx thex informationx necessaryxtoxcompletextransactions.xAnot
herxeffectxofxe-
commercexisx thex dramaticallyx increasedxspeedxwithxwhichxbusinessxtransactionsxc
anxbexconducted.xInxaddition,xtherexwillxbexdramaticxchangesxinxthexwayxmanager
ialxaccountingxproceduresxarexcarriedxout,xonexexamplexbeingxcloud-
basedxbudgeting,xwhichxisxthexenterprise-
widexandxelectronicxcompletionxofxaxcompany’sxbudgetingxprocessxusingxcloud-
basedxsoftwarexandxdataxstorage.

, 1-2 Plausiblex goalsx forx thex organizationsx listedx arex asx follows:
(a) Amazon.com:x(1)xToxachievexandxmaintainxprofitability,xandx(2)xtoxgrowx
on-
linexsalesxofxtheirxmanyxproducts.xAmazonxisxalsoxfamousx(infamous)xforxwan
tingxtoxhavexeveryx productxinxthex worldxonxitsx site.
(b) AmericanxRedxCross:x(1)xToxraisexfundsxfromxthexgeneralxpublicxsufficientxtox
havexresourcesxavailablextoxmeetxanyxdisasterxthatxmayxoccur,xandx(2)xtox
providexassistancextoxpeoplexwhoxarexvictimsxofxaxdisasterxanywherexinxthexworldx
onxshortxnotice.
(c) GeneralxMotors:x(1)xToxearnxincomexsufficientxtoxprovidexaxgoodxreturnxo
nxthexinvestmentxofxthexcompany'sxstockholders,xandx(2)xtoxprovidexthexhighe
st-qualityxproductxpossible.
(d) Wal-
Mart:x(1)xToxpenetratexthexretailxmarketxinx virtuallyxeveryxlocationxinxthexUnitedxS
tates,xandx(2)xtoxgrowxoverxtimexinxtermsx ofxnumberxofxretailxlocations,x totalx asse
ts,xandx earnings.x Also,x tox bexcompetitivex withx Amazonx inxthex e-retailx space.
(e) CityxofxSeattle:x(1)xToxmaintainxanxurbanxenvironmentxasxfreexofxpollutio
nxasxpossible,xandx(2)xtoxprovidexpublicxsafety,xpolice,xandxfirexprotectionxtoxt
hexcity'sxcitizens.
(f) Hertz:x(1)xToxbexaxrecognizablexhouseholdxnamexassociatedxwithxrentalxc
arxservices,xandx(2)xtoxprovidexreliablexandxeconomicalxtransportationxservicesxtox
thexcompany'sxcustomers.
1-3 Thex fourx basicx managementx activitiesx arex listedx andx definedx asx follows:
(a) Decisionx making:x Choosingx amongx thex availablex alternatives.
(b) Planning:x Developingx ax detailedx financialx andx operationalx descript
ionx ofxanticipatedxoperations.
(c) Directingx operations:x Runningx thex organizationx onx ax day-to-dayx basis.
(d) Controlling:x Ensuringx thatx thex organizationx operatesx inx thex intendedx mann
erx andxachievesxitsxgoals.

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