SOLUTION MANUAL
Horngren's Accounting, 13th Edition Managerial
by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9
,THE MANAGERIAL CHAPTERS
6n 6n
1. Introduction to Managerial Accounting
6n 6n 6n
2. Job Order Costing
6n 6n
3. Process Costing6n
4. Cost-Volume-Profit Analysis 6n
5. Master Budgets6n
6. Flexible Budgets and Standard Cost Systems
6n 6n 6n 6n 6n
7. Cost Allocation and Responsibility Accounting
6n 6n 6n 6n
8. Short-Term Business Decisions
6n 6n
9. Capital Investment Decisions
6n 6n
,Chapter 1 6n
Introduction to Managerial Accounting
6n 6n 6n
Review Questions
6n 6n
1. The6nprimary6npurpose6nof6nmanagerial6naccounting6nis6nto6nprovide6ninformation6nto6nhelp6nm
anagers6 n plan,direct,6ncontrol,6nand6nmake6ndecisions.
2. Financial6naccounting6nand6nmanagerial6naccounting6ndiffer6non6nthe6nfollowing6n66ndimensions:6n(1)6n
primary6 n users,6n(2)6npurpose6nof6ninformation,6n(3)6nfocus6nand6ntime6ndimension6nof6nthe6ninformat
ion,6n(4)6nrules6nand6 n restrictions,6n(5)6nscope6nof6ninformation,6nand6n(6)6nbehavioral.
3. Line6npositions6nare6ndirectly6ninvolved6nin6nproviding6ngoods6nor6nservices6nto6ncustomers.6nStaff6np
ositions6 n support6nline6npositions.
4. Planning6nmeans6nchoosing6ngoals6nand6ndeciding6nhow6nto6nachieve6nthem.6nDirecting6ninvolves6nrun
ning6nthe6 n day-to-
day6noperations6nof6na6nbusiness.6nControlling6nis6nthe6nprocess6nof6nmonitoring6noperations6nand6 n ke
epingthe6ncompany6non6ntrack.
5. The6nfour6nIMA6nstandards6nof6nethical6npractice6nand6na6ndescription6nof6neach6nfollow.
I. Competence.
6n6n Maintain6nan6nappropriate6nlevel6nof6nprofessional6nleadership6nand6nexpertise6nby6
n enhancingknowledge6nand6nskills.
Perform6nprofessional6nduties6nin6naccordance6nwith6nrelevant6nlaws,6nregulations,6n
6n6n
and6 n technicalstandards.
Provide6ndecision6nsupport6ninformation6nand6nrecommendations6nthat6nare6naccurate,6ncle
6n6n
ar,6 n concise,and6ntimely.
6n6nRecognise6nand6nhelp6nmange6nrisk.
II. Confidentiality.
Keep6ninformation6nconfidential6nexcept6nwhen6ndisclosure6nis6nauthorized6nor6nlegally6nrequir
ed.6 n Inform6nall6nrelevant6nparties6nregarding6nappropriate6nuse6nof6nconfidential6ninformatio
n.6 n Monitor6 n toensure6ncompliance.
6n6n6nRefrain6nfrom6nusing6nconfidential6ninformation6nfor6nunethical6nor6nillegal6nadvantage.
III. Integrity.
6n6nMitigate6nactual6nconflicts6nof6ninterest.6nRegularly6ncommunicate6nwith6nbusiness6nassocia
tes6nto6 n avoidapparent6nconflicts6nof6ninterest.6 n Advise6nall6nparties6nof6nany6npotential6ncon
flicts.
, Refrain6nfrom6nengaging6nin6nany6nconduct6nthat6nwould6nprejudice6ncarrying6nout6nduties6nethically.
Horngren's Accounting, 13th Edition Managerial
by Tracie Miller-Nobles, Brenda Mattison, All Chapter 1-9
,THE MANAGERIAL CHAPTERS
6n 6n
1. Introduction to Managerial Accounting
6n 6n 6n
2. Job Order Costing
6n 6n
3. Process Costing6n
4. Cost-Volume-Profit Analysis 6n
5. Master Budgets6n
6. Flexible Budgets and Standard Cost Systems
6n 6n 6n 6n 6n
7. Cost Allocation and Responsibility Accounting
6n 6n 6n 6n
8. Short-Term Business Decisions
6n 6n
9. Capital Investment Decisions
6n 6n
,Chapter 1 6n
Introduction to Managerial Accounting
6n 6n 6n
Review Questions
6n 6n
1. The6nprimary6npurpose6nof6nmanagerial6naccounting6nis6nto6nprovide6ninformation6nto6nhelp6nm
anagers6 n plan,direct,6ncontrol,6nand6nmake6ndecisions.
2. Financial6naccounting6nand6nmanagerial6naccounting6ndiffer6non6nthe6nfollowing6n66ndimensions:6n(1)6n
primary6 n users,6n(2)6npurpose6nof6ninformation,6n(3)6nfocus6nand6ntime6ndimension6nof6nthe6ninformat
ion,6n(4)6nrules6nand6 n restrictions,6n(5)6nscope6nof6ninformation,6nand6n(6)6nbehavioral.
3. Line6npositions6nare6ndirectly6ninvolved6nin6nproviding6ngoods6nor6nservices6nto6ncustomers.6nStaff6np
ositions6 n support6nline6npositions.
4. Planning6nmeans6nchoosing6ngoals6nand6ndeciding6nhow6nto6nachieve6nthem.6nDirecting6ninvolves6nrun
ning6nthe6 n day-to-
day6noperations6nof6na6nbusiness.6nControlling6nis6nthe6nprocess6nof6nmonitoring6noperations6nand6 n ke
epingthe6ncompany6non6ntrack.
5. The6nfour6nIMA6nstandards6nof6nethical6npractice6nand6na6ndescription6nof6neach6nfollow.
I. Competence.
6n6n Maintain6nan6nappropriate6nlevel6nof6nprofessional6nleadership6nand6nexpertise6nby6
n enhancingknowledge6nand6nskills.
Perform6nprofessional6nduties6nin6naccordance6nwith6nrelevant6nlaws,6nregulations,6n
6n6n
and6 n technicalstandards.
Provide6ndecision6nsupport6ninformation6nand6nrecommendations6nthat6nare6naccurate,6ncle
6n6n
ar,6 n concise,and6ntimely.
6n6nRecognise6nand6nhelp6nmange6nrisk.
II. Confidentiality.
Keep6ninformation6nconfidential6nexcept6nwhen6ndisclosure6nis6nauthorized6nor6nlegally6nrequir
ed.6 n Inform6nall6nrelevant6nparties6nregarding6nappropriate6nuse6nof6nconfidential6ninformatio
n.6 n Monitor6 n toensure6ncompliance.
6n6n6nRefrain6nfrom6nusing6nconfidential6ninformation6nfor6nunethical6nor6nillegal6nadvantage.
III. Integrity.
6n6nMitigate6nactual6nconflicts6nof6ninterest.6nRegularly6ncommunicate6nwith6nbusiness6nassocia
tes6nto6 n avoidapparent6nconflicts6nof6ninterest.6 n Advise6nall6nparties6nof6nany6npotential6ncon
flicts.
, Refrain6nfrom6nengaging6nin6nany6nconduct6nthat6nwould6nprejudice6ncarrying6nout6nduties6nethically.
