Solutions Manual for Managerial Accounting: Creating Value in a Dynamic Business Environment, 13th Edition by Hilton | Verified Chapter's 1 - 17 | Complete

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Managerial Accounting: Creating Value in a Dynamic
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Business Environment, 13th Edition by Hilton
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Chapters 1 - 17 Complete
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Chapter 1: The Changing Role of Managerial Accounting in a Dynamic Business Enviro
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nmentiiChapter 2: Basic Cost Management Concepts t x t x t x t x t x




Chapter 3: Product Costing and Cost Accumulation in a Batch Production Environment
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tx Chapter 4: Process Costing and
t x t x t x t x t x Hybrid Product-Costing t x t x Systems

Chapter 5: Activity- t x t x




Based Costing and Management Chapter 6: Activity A
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nalysis, Cost Behavior, and Cost EstimationiiChapter 7:
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t x Cost-Volume-Profit Analysis t x




Chapter 8: Variable Costing and the Measurement of ESG and Quality
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Costs Chapter 9: Financial
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Chapter 10: Standard Costing and Analysis of Direct Costs
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Chapter 11: Flexible Budgeting and the Management of Overhead
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tx CostsiiChapter 12: Responsibility Accounting and the Balanced Scorecard
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Chapter 13: Investment Centers and Transfer Pricing
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Chapter 14: Decision Making: Relevant Costs and Ben
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efits Chapter 15: Target Costing and Cost Analysis for
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t x Pricing DecisionsiiChapter 16: Capital Expenditure Deci
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sions

Chapter 17: Allocation of Support Activity Costs and
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Appendix I: The Sarbanes- tx t x t x




Oxley Act, Internal Controls, and Management AccountingiiAppendix II:
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,est and
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Appendix III: Inventory Management
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, CHAPTER 1 tx




The Crucial Role of Managerial Accounting in a
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Dynamic Business Environment xt tx




FOCUS ON ETHICS (Located before the Chapter Summary in the text.)
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The focus-on-
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ethics inset for Chapter 1 is the IMA Statement of Ethical Professional Practice. Instructors can u
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se this list of ethical principles and standards to lead a class discussion. The discussion c
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an also range to consideration of how these standards may have been violated by accou
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ntants and managers involved in the various ethical scandals uncovered over the past seve
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ral years. It is also useful to discuss the pros and cons of the procedures that IMA suggest
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s for its members when they believe they know about ethical lapses in their organizatio
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ns.

ANSWERS TO REVIEW QUESTIONS tx tx tx




1-1 The explosion in e- tx tx tx


commerce will affect managers in significant ways. One effect will be a drastic r
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eduction in paper work. Millions of transactions between businesses are now be
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ing conducted electronically with no hard-
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copy documentation. Along withthis method of communicating for business transact
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ions comes the very significant issue of information security. Businesses need to
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find ways to protect confidential information in their own computers, in cloud c
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omputing data centers, and while moving across the internet, while at the sa
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me time sharing the information necessary to complete transactions. Another
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effect of e- tx tx


commerce is the dramatically increased speed with which business transactio
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ns can be conducted. In addition, there will be dramatic changes in the way man
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agerial accounting procedures are carried out, one example being cloud-
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based budgeting, which is the enterprise-
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wide and electronic completion of a company‘s budgeting process using cloud-
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based software and data storage.tx tx tx tx