100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
Buscado previamente por ti
Buscado previamente por ti
logo
SOLUTION MANUAL Horngren's Accounting $15.49
Añadir al carrito
Navegar rápidamente a
Vista previa
  2.  
  3. CMA - Certified Management Accountant
  4.  
  5. CMA - Certified Management Accountant

Examen

SOLUTION MANUAL Horngren's Accounting

1 revisar
 0 veces vendidas
  • Grado
  • CMA - Certified Management Accountant
  • Institución
  • CMA - Certified Management Accountant

Unlock the potential of your managerial accounting studies with our comprehensive test bank for "Horngren's Accounting, 13th Edition: Managerial" by Tracie Miller-Nobles and Brenda Mattison. This invaluable resource spans all 9 chapters, offering an extensive array of exam-style questions designed ...

[Mostrar más]

Vista previa 4 fuera de 1071  páginas

Información del documento

  • 3 de diciembre de 2024
  • 1071
  • 2024/2025
  • Examen
  • Preguntas y respuestas

Temas

  • managerial accounting
  • cost management
  • budgeting
  • financial planning
  • performance evaluation
  • cost behavior
  • act
  • solution manual horngrens accounting
  • managerial decision making
  • cost volume profit analysis

Escuela, estudio y materia

  • CMA - Certified Management Accountant
  • CMA - Certified Management Accountant

1  revisar

review-writer-avatar

Por: ALLStudytestbanks • 1 mes hace

Vendedor

avatar-seller
StudyProX

Comentarios recibidos

Vista previa del contenido

SOLUTION MANUAL
Horngren's Accounting, 13th Edition Managerial
by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9

,THE MANAGERIAL CHAPTERS


1. Introduction to Managerial Accounting

2. Job Order Costing

3. Process Costing

4. Cost-Volume-Profit Analysis

5. Master Budgets

6. Flexible Budgets and Standard Cost Systems

7. Cost Allocation and Responsibility Accounting

8. Short-Term Business Decisions

9. Capital Investment Decisions

,Chapter 1
Introduction to Managerial Accounting

Review Questions

1. The primary purpose of managerial accounting is to provide information to help managers
plan,direct, control, and make decisions.

2. Financial accounting and managerial accounting differ on the following 6 dimensions: (1) primary
users, (2) purpose of information, (3) focus and time dimension of the information, (4) rules and
restrictions, (5) scope of information, and (6) behavioral.

3. Line positions are directly involved in providing goods or services to customers. Staff positions
support line positions.

4. Planning means choosing goals and deciding how to achieve them. Directing involves running the
day-to-day operations of a business. Controlling is the process of monitoring operations and
keepingthe company on track.

5. The four IMA standards of ethical practice and a description of each follow.
I. Competence.
Maintain an appropriate level of professional leadership and expertise by
enhancingknowledge and skills.
Perform professional duties in accordance with relevant laws, regulations, and
technicalstandards.
Provide decision support information and recommendations that are accurate, clear,
concise,and timely.
Recognise and help mange risk.
II. Confidentiality.
Keep information confidential except when disclosure is authorized or legally required.
Inform all relevant parties regarding appropriate use of confidential information. Monitor
toensure compliance.
Refrain from using confidential information for unethical or illegal advantage.
III. Integrity.
Mitigate actual conflicts of interest. Regularly communicate with business associates to
avoidapparent conflicts of interest. Advise all parties of any potential conflicts.
Refrain from engaging in any conduct that would prejudice carrying out duties ethically.

, Abstain from engaging in or supporting any activity that might discredit the profession.
Contribute to a positive ethical culture and place integrity of the profession above
personalinterest.
5, cont.
IV. Credibility.
Communicate information fairly and objectively.
Provide all relevant information that could reasonably be expected to influence an
intendeduser’s understanding of the reports, analyses, or recommendations.
Report any delays or deficiencies in information, timeliness, processing, or internal
controlsin conformance with organization policy and/or applicable law.
Communicate any professional limitations or other constraints that would preclude
responsi-ble judgment or successful performance of an activity.

6. Service companies sell time, skills, and knowledge. Examples of service companies include phone
service companies, banks, cleaning service companies, accounting firms, law firms, medical
physicians, and online auction services.

7. Merchandising companies resell products they buy from suppliers. Merchandisers keep an
inventoryof products, and managers are accountable for the purchasing, storage, and sale of the
products. Examples of merchandising companies include toy stores, grocery stores, and clothing
stores.

8. Merchandising companies resell products they previously bought from suppliers, whereas
manufacturing companies use labor, equipment, supplies, and facilities to convert raw materials
intonew finished products. In contrast to merchandising companies, manufacturing companies
have a broad range of production activities that require tracking costs on three kinds of inventory.

9. The three inventory accounts used by manufacturing companies are Raw Materials Inventory,
Work-in-Process Inventory, and Finished Goods Inventory.

Raw Materials Inventory includes materials used to manufacture a product. Work-in-Process
Inventory includes goods that have been started in the manufacturing process but are not yet
complete. Finished Goods Inventory includes completed goods that have not yet been sold.

10. A direct cost is a cost that can be easily and cost-effectively traced to a cost object (which is
anything for which managers want a separate measurement of cost). An indirect cost is a cost
thatcannot be easily or cost-effectively traced to a cost object.

11. The three manufacturing costs for a manufacturing company are direct materials, direct labor, and
manufacturing overhead. Direct materials are materials that become a physical part of a finished
product and whose costs are easily traceable to the finished product. Direct labor is the labor cost

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StudyProX. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for $15.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 15 years now

Empieza a vender

Vistos recientemente

Otro ·

(0)

AQA A Level Physics GCSE Mark scheme Paper 2 2019 Paper 100% CORRECT

Lote ·

(0)

Kwaliteitsmanagement 1 (verbeterplan) - Samenvattingen

Examen ·

(3)

Advanced Practice Nursing Essential Knowledge for the Profession 4th Edition DeNisco Test Bank

$15.49
  • (1)
Añadir al carrito
Añadido