Examen

Accounting: What the Numbers Mean 13th Edition Marshall – Complete Solution Manual & Quiz Bank (Chapters 1-17)

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Unlock your academic success with the official-style Solution Manual for Accounting: What the Numbers Mean, 13th Edition by David Marshall, Wayne McManus, and Daniel Viele. This comprehensive resource provides step-by-step solutions to every exercise, mini-exercise, and complex problem presented in the textbook. What is included in this study package? • Detailed Solutions: Complete answers for all chapters, including the accounting equation, financial statement relationships, and asset valuation. • Chapter Outlines & Objectives: Master the key concepts such as the FASB Conceptual Framework, Accrual Accounting, Activity-Based Costing (ABC), and Net Present Value (NPV). • Take-Home Quizzes & Answer Keys: Test your knowledge with actual chapter-specific quizzes and their corresponding keys to prepare for exams. • Real-World Case Analysis: In-depth solutions for iconic corporate cases involving Apple Inc., Campbell Soup Company, McDonald’s, and Coca-Cola. Key Topics Covered: • Financial Accounting: The bookkeeping process, current assets (cash, receivables, inventory), long-term assets (PP&E, Intangibles), liabilities, and stockholders' equity. • Financial Statement Analysis: Liquidity, profitability, and leverage ratios, including the DuPont Model. • Managerial Accounting: Cost-Volume-Profit (CVP) relationships, cost behavior, flexible budgeting, and capital budgeting for decision-making. Perfect for students who want to verify their homework, improve their grades, and deeply understand the mechanics behind the numbers.

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Institución: Accounting: What the Numbers Mean
Grado: Accounting: What the Numbers Mean

Información del documento

Subido en: 8 de enero de 2026
Número de páginas: 705
Escrito en: 2025/2026
Tipo: Examen
Contiene: Preguntas y respuestas

Temas

accounting 13e quiz bank
accounting what the numbers mean 13th edition
david marshall solution manual
marshall mcmanus viele solutions
financial statement analysis ratios
managerial accounting practic

Vista previa del contenido

Instructor’sVManualV/VSolutionsVManu
al
FullVSolutionVManualVforVAccountingVWhatVTheVNumbersVMeanV13thVEditionVDavidVMarshall

CHAPTER
Accounting—Present and Past V V

1

CHAPTERVOUTLINE:

I. WhatVIsVAccounting?
A. Definition
B. UsesVofVAccountingVInformation
C. Classifications
1. FinancialVAccounting
2. ManagerialVAccountingV/VCostVAccounting
3. AuditingV—VPublicVAccounting
4. InternalVAuditing
5. GovernmentalVandVNot-for-ProfitVAccounting
6. IncomeVTaxVAccounting

II. HowVHasVAccountingVDeveloped?
A. EarlyVHistory
B. TheVAccountingVProfessionVinVtheVUnitedVStates
C. FinancialVAccountingVStandardVSettingVatVtheVPresentVTime
1. FinancialVAccountingVStandardsVBoard
2. StandardsVareVEvolving
D. StandardsVforVOtherVTypesVofVAccounting
1. ManagerialVAccountingV/VCostVAccounting
2. Auditing
3. GovernmentalVandVNot-for-ProfitVAccounting
4. IncomeVTaxVAccounting
E. InternationalVAccountingVStandards
F. EthicsVandVtheVAccountingVProfession

III. TheVConceptualVFramework
A. Context
B. SummaryVofVConceptsVStatementVNo.V8,VChapterV1V—
VTheVObjectiveVofVGeneralVPurposeVFinancialVReporting
C. ObjectivesVofVFinancialVReportingVforVNonbusinessVOrganizations
IV. PlanVofVtheVBook

4-1
©VMcGrawVHillVLLC.VAllVrightsVreserved.VNoVreproductionVorVdistributionVwithoutVtheVpriorVwrittenVconsentVofVMcGr
awVHillVLLC.

, Instructor’sVManualV/VSolutionsVManu
al

TEACHING/LEARNINGVOBJECTIVES:

Principal:

1. ToVpresentVaVdefinitionVofVaccounting.

2. ToVidentifyVandVdescribeVdifferentV classificationsVofVaccounting.

3. ToVemphasizeVthatVfinancialVaccountingVstandardsVareVnotVaV―fixedVcodeVofVrules,‖Vbu
tVareVestablishedVinVresponseVtoVuserVneedsVandVbusinessVdevelopments.VAccountantsVn
eedVtoVapplyVprofessionalVjudgmentVinVtheVapplicationVofVaccountingVprinciples.

4. ToVemphasizeVtheVroleVandVsourcesVofVethicsVforVtheVaccountingVprofession.

Supporting:

5. ToVsummarizeVhowVaccountingVhasVevolvedVoverVtime.

6. ToVidentifyVsourcesVofVstandardsVforVotherVtypesVofVaccountingVandVtoVcontrastVthe
seVwithVfinancialVaccountingVstandards.

7. ToVintroduceVtheVissuesVassociatedVwithVtheVdevelopmentVofVinternationalVacco
untingVstandards.

8. ToVdescribeVtheVcontextVofVtheVFASBVConceptualVFrameworkVproject.

9. ToVsummarizeVConceptsVStatementVNo.V8,VChapterV1V—
VTheVObjectiveVofVGeneralVPurposeVFinancialVReporting.

10. ToVrelateVtheVobjectivesVofVfinancialVreportingVforVnonbusinessVorganizationsVtoVth
oseVofVbusinessVenterprises.

TEACHINGVOBSERVATIONS/ASSIGNMENTVSUGGESTIONS:

1. StudentsVshouldVbeVputVonVnoticeVaboutVtheVjargonVofVaccounting,VtheVuseVofVsynony
mousVterms,VtheVimportanceVofVtheVcontextVwithinVwhichVaVtermVisVused,VandVtheVnee
dVforVprecisionVinVtheVuseVofVterminology.VTheVfirstVexampleVofVjargonVisVtheVtermVe
ntity.

2. WhenVdiscussingV"AuditingV—
VPublicVAccounting,"VhaveVstudentsVfindVtheVauditors'VopinionVinVtheVCampbellVSoupV
CompanyV2020VAnnualVReportV(seeVpagesV87-
88VofVtheVAppendix).VEmphasizeVthatVaV"cleanVopinion"VisVnotVaV"cleanVbillVofVhealt
h."

3. DiscussVtheVSummaryVofVConceptsVStatementVNo.V8,VChapterV1V—
4-2
©VMcGrawVHillVLLC.VAllVrightsVreserved.VNoVreproductionVorVdistributionVwithoutVtheVpriorVwrittenVconsentVofVMcGr
awVHillVLLC.

, Instructor’sVManualV/VSolutionsVManu
VTheVObjectiveVofVFinancialVReporting,VinVdetail. al

4-3
©VMcGrawVHillVLLC.VAllVrightsVreserved.VNoVreproductionVorVdistributionVwithoutVtheVpriorVwrittenVconsentVofVMcGr
awVHillVLLC.

, Instructor’sVManualV/VSolutionsVManu
al
4. AssignVExerciseV1-
1.VEncourageVstudentsVtoVexperimentVwithVwebsitesVthatVareVofVinterest.VInVaddition,Vo
rVasVanValternativeVtoVhavingVstudentsVrequestVtheirVownVannualVreports,VdistributeVrep
ortsVthatVhaveVbeenVobtainedVbyVtheVinstructor.

5. UseVExerciseV1-
5VtoVgenerateVdiscussionVaboutVtheVimportanceVofVethicalVstandardsVinVgeneralVandVind
ependenceV(inVbothVappearanceVandVfact)VinVparticular.VFollowVupVwithVaVbriefVlookVa
tVExerciseV1-7VconcerningVauditVindependenceVstandards.

SOLUTIONS:

E1.3. ThisVexerciseVprovidesVanVopportunityVtoVgaugeVwhereVtheVstudentsVareVinVte
rmsVofVtheirVpriorVbackgroundVinVaccounting,VbeVitVpracticalVorVeducational,
VandVtoVclearVupVsomeVofVtheVcommonVmisconceptionsV(i.e.,VtoVexplainVthat
VaccountingVgoes
beyondVtheV―howVto‖VaspectsVofVbookkeepingVandVinvolvesVtheVuseVofVjudg
ment).

E1.4. ThisVexerciseVprovidesVanVopportunityVtoValignVstudentVandVinstructorVexpecta
tions.VForVfirst-
timeVinstructorsVinVthisVcourse,VorVforVthoseVhavingVaVdiverseVstudentVgroup,
VyouVwillVgetVaVglimpseVatVtheVcommonVperceptionsVstudentsVhaveVconcerni
ngVtheVcourseVcontent,VlevelVofVdifficulty,VandVmethodsVofVpresentation,
testing/evaluation,VandVgrading.

E1.5. TheVprincipalVfactorsVJimVSandroliniVmustVconsiderVareVhisVcompetenceVandV
independence.VIsVheVcompetentVtoVprepareVfinancialVstatementsVforVaVcompan
yVthatVoperatesVinVaVdifferentVindustryVthanVtheVoneVinVwhichVheVworks?VAc
ceptingVaVcontingentVfeeVarrangementVwouldVnormallyVcauseVanVimpairmentV
ofVhis
independenceVbecauseVheVwouldVdirectlyVbenefitVifVtheVloanVwereVtoVbeVappr
oved.

4-4
©VMcGrawVHillVLLC.VAllVrightsVreserved.VNoVreproductionVorVdistributionVwithoutVtheVpriorVwrittenVconsentVofVMcGr
awVHillVLLC.

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