Solution manual
Horngren’s accounting the managerial chapters
14th edition by Miller nobles and Mattison
All Chapters 1-9 Covered
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-1
,TABLE OF CONTENT P P
1. Introduction to Managerial Accounting
P P P
2. Job Order Costing
P P
3. Process CostingP
4. Cost-Volume-Profit Analysis P
5. Master Budgets
P
6. Flexible Budgets and Standard Cost Systems
P P P P P
7. Cost Allocation and Responsibility Accounting
P P P P
8. Short-Term Business Decisions
P P
9. Capital Investment Decisions
P P
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-2
,Horngren's Accounting, The Managerial Chapters, 14
P P P P P
th edition Nobles
P P
Chapter 1-9 P
Chapter M:1 P
Introduction to Managerial Accounting
P P P
Review Questions
P P
1. WhatPisPthePprimaryPpurposePofPmanagerialPaccounting?
ThePprimaryPpurposePofPmanagerialPaccountingPisPtoPprovidePinformationPtoPhelpPmanagersPplan,Pdirec
t,Pcontrol,PandPmakePdecisions.
2. ListPsixPdifferencesPbetweenPfinancialPaccountingPandPmanagerialPaccounting.
FinancialPaccountingPandPmanagerialPaccountingPdifferPonPthePfollowingP6Pdimensions:P (1)PprimaryP
users,P(2)PpurposePofPinformation,P(3)PfocusPandPtimePdimensionPofPthePinformation,P(4)PrulesPandPre-
Pstrictions,P(5)PscopePofPinformation,PandP(6)Pbehavioral.
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-3
, 3. ExplainPthePdifferencePbetweenPlinePpositionsPandPstaffPpositions.
LinePpositionsParePdirectlyPinvolvedPinPprovidingPgoodsPorPservicesPtoPcustomers.PStaffPpositionsPsupp
ortPlinePpositions.
4. ExplainPthePdifferencesPbetweenPplanning,Pdirecting,PandPcontrolling.
PlanningPmeansPchoosingPgoalsPandPdecidingPhowPtoPachievePthem.PDirectingPinvolvesPrunningPthePda
y-to-
dayPoperationsPofPaPbusiness.PControllingPisPthePprocessPofPmonitoringPoperationsPandPkeepingPthePco
mpanyPonPtrack.
5. ListPthePfourPIMAPstandardsPofPethicalPpracticePandPbrieflyPdescribePeach.
ThePfourPIMAPstandardsPofPethicalPpracticePandPaPdescriptionPofPeachPfollow.
I. Competence.
• MaintainPanPappropriatePlevelPofPprofessionalPleadershipPandPexpertisePbyPenhancingP
knowledgePandPskills.
• PerformPprofessionalPdutiesPinPaccordancePwithPrelevantPlaws,Pregulations,PandPtechnicalP
standards.
• ProvidePdecisionPsupportPinformationPandPrecommendationsPthatParePaccurate,Pclear,Pconcise,
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-4
Horngren’s accounting the managerial chapters
14th edition by Miller nobles and Mattison
All Chapters 1-9 Covered
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-1
,TABLE OF CONTENT P P
1. Introduction to Managerial Accounting
P P P
2. Job Order Costing
P P
3. Process CostingP
4. Cost-Volume-Profit Analysis P
5. Master Budgets
P
6. Flexible Budgets and Standard Cost Systems
P P P P P
7. Cost Allocation and Responsibility Accounting
P P P P
8. Short-Term Business Decisions
P P
9. Capital Investment Decisions
P P
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-2
,Horngren's Accounting, The Managerial Chapters, 14
P P P P P
th edition Nobles
P P
Chapter 1-9 P
Chapter M:1 P
Introduction to Managerial Accounting
P P P
Review Questions
P P
1. WhatPisPthePprimaryPpurposePofPmanagerialPaccounting?
ThePprimaryPpurposePofPmanagerialPaccountingPisPtoPprovidePinformationPtoPhelpPmanagersPplan,Pdirec
t,Pcontrol,PandPmakePdecisions.
2. ListPsixPdifferencesPbetweenPfinancialPaccountingPandPmanagerialPaccounting.
FinancialPaccountingPandPmanagerialPaccountingPdifferPonPthePfollowingP6Pdimensions:P (1)PprimaryP
users,P(2)PpurposePofPinformation,P(3)PfocusPandPtimePdimensionPofPthePinformation,P(4)PrulesPandPre-
Pstrictions,P(5)PscopePofPinformation,PandP(6)Pbehavioral.
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-3
, 3. ExplainPthePdifferencePbetweenPlinePpositionsPandPstaffPpositions.
LinePpositionsParePdirectlyPinvolvedPinPprovidingPgoodsPorPservicesPtoPcustomers.PStaffPpositionsPsupp
ortPlinePpositions.
4. ExplainPthePdifferencesPbetweenPplanning,Pdirecting,PandPcontrolling.
PlanningPmeansPchoosingPgoalsPandPdecidingPhowPtoPachievePthem.PDirectingPinvolvesPrunningPthePda
y-to-
dayPoperationsPofPaPbusiness.PControllingPisPthePprocessPofPmonitoringPoperationsPandPkeepingPthePco
mpanyPonPtrack.
5. ListPthePfourPIMAPstandardsPofPethicalPpracticePandPbrieflyPdescribePeach.
ThePfourPIMAPstandardsPofPethicalPpracticePandPaPdescriptionPofPeachPfollow.
I. Competence.
• MaintainPanPappropriatePlevelPofPprofessionalPleadershipPandPexpertisePbyPenhancingP
knowledgePandPskills.
• PerformPprofessionalPdutiesPinPaccordancePwithPrelevantPlaws,Pregulations,PandPtechnicalP
standards.
• ProvidePdecisionPsupportPinformationPandPrecommendationsPthatParePaccurate,Pclear,Pconcise,
©P2024,P2018,P2015PbyPPearsonPEducation,PInc. 1-4
