Solution Manual for Horngren's Accounting, The Managerial Chapters, 13th Edition By Tracie Miller-Nobles, Brenda Mattison, Verified Chapters 1 - 9, Complete Newest Version

,THE MANAGERIAL CHAPTERS
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1. Introduction to Managerial Accounting
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2. Job Order Costing
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3. Process Costing ge




4. Cost-Volume-Profit Analysis ge




5. Master Budgetsge




6. Flexible Budgets and Standard Cost Systems
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7. Cost Allocation and Responsibility Accounting
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8. Short-Term Business Decisionsge ge




9. Capital Investment Decisions
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,
, Chapter 1 ge




Introduction to Managerial Accounting ge ge ge




Review Questions ge




1. The primary purpose of managerial accounting is to provide information to help man
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agers plan,direct, control, and make decisions.
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2. Financial accounting and managerial accounting differ on the following 6 dimensions: (1)
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ge primaryusers, (2) purpose of information, (3) focus and time dimension of the informati
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on, (4) rules and restrictions, (5) scope of information, and (6) behavioral.
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3. Line positions are directly involved in providing goods or services to customers. Staff
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e positionssupport line positions.e
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4. Planning means choosing goals and deciding how to achieve them. Directing involves ru
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nning the day-to-ge ge




day operations of a business. Controlling is the process of monitoring operations and kee
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pingthe company on track.
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5. The four IMA standards of ethical practice and a description of each follow.
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I. Competence.
Maintain an appropriate level of professional leadership and expertise by e
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nhancingknowledge and skills. e
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Perform professional duties in accordance with relevant laws, regulations, and
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technicalstandards. e
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Provide decision support information and recommendations that are accurate, clea
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