Solution Manual for Managerial Accounting 3rd Canadian Edition by Braun

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Solution Manual for Managerial Accounti
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ng 3rd Canadian Edition by Braun
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Complete downloadable file at:
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https://testbanku.eu/Solution-Manual-for-
Managerial-Accounting-3rd-Canadian-
Edition-by-Braun r




Quick Check r




Answers:

1. b r 3. d r 5. c r 7. c
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2. b r 4. d r 6. c r 8. a
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ManagerialrAccountingrrrThirdrCanadianrEditionrrrInstructor’srSolutionsrManual 1
Copyrightr©r2018rPearsonrCanadarInc.

,Short Exercises r



(5–10 min.) S1-1 r r




The four primary responsibilities of managers include planning, dir
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ecting, controlling, and decision making. Managers plan by setting
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goals and objectives for the company and devising strategies for ac
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hieving those goals. Then they direct the day-to-
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day operations of the company in light of the goals and objectives. T
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hey control the company by comparing actual results to plans and t
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hen use that feedback to adjust plans and operations. Throughout a
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ll aspects of these duties, management is making critical business
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decisions.


Student responses may vary. r r r




2 ManagerialrAccountingrrrThirdrCanadianrEditionrrrInstructor’srSolutionsrManual
Copyrightr©r2018rPearsonrCanadarInc.

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(5–10 min.) S1-2
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a. Managerial accounting
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b. Managerial accounting r




c. Financial accounting
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d. Financial accounting r




e. Managerial accounting
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f. Managerial accounting
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g. Financial accounting r




h. Managerial accounting r




i. Financial accounting
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j. Financial accounting
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k. Financial accounting
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l. Financial accounting
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m. Managerial accounting r




ManagerialrAccountingrrrThirdrCanadianrEditionrrrInstructor’srSolutionsrManual 3
Copyrightr©r2018rPearsonrCanadarInc.

, (5–10 min.) S1-3
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a. Internal auditing department
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b. Controller
c. Treasurer
d. Internal auditing department
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e. Controller
f. Controller
g. Treasurer
h. Internal auditing department
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i. Controller
j. Controller
k. Treasurer
l. Internal auditing department
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m. Controller




4 ManagerialrAccountingrrrThirdrCanadianrEditionrrrInstructor’srSolutionsrManual
Copyrightr©r2018rPearsonrCanadarInc.