Horngren's Accounting, 13th Edition – Managerial by Tracie Miller-Nobles & Brenda Mattison | Solution Manual Chapters 1–9Horngren's Accounting, 13th Edition – Managerial by Tracie Miller-Nobles & Brenda Mattison | Solution Manual Chapters 1–

SOLUTION MANUAL


Horngren's Accounting, 13th Edition Managerial
by Tracie Miller-Nobles, Brenda Mattison, All
Chapter 1-9

,
,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 hd




4. Cost-Volume-Profit Analysis hd




5. Master Budgets hd




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 Decisions hd hd




9. Capital Investment Decisions
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, Chapter 1 hd




Introduction to Managerial Accounting hd hd hd




Review Questions hd




1. The primary purpose of managerial accounting is to provide information to help managers plan,
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direct, control, and make decisions.
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2. Financial accounting and managerial accounting differ on the following 6 dimensions: (1) primaryu
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sers, (2) purpose of information, (3) focus and time dimension of the information, (4) rules and rest
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rictions, (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 positionss
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upport line positions. hd hd




4. Planning means choosing goals and deciding how to achieve them. Directing involves running the da
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y-to-
day operations of a business. Controlling is the process of monitoring operations and keepingthe co
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mpany on track. hd hd




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 enhancin hd hd hd hd hd hd hd hd hd hd




gknowledge and skills. h
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Perform professional duties in accordance with relevant laws, regulations, and technical
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standards.
Provide decision support information and recommendations that are accurate, clear, concis
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e,and timely. h
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Recognise and help mange risk. hd hd hd hd




II. Confidentiality.
Keep information confidential except when disclosure is authorized or legally required.
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Inform all relevant parties regarding appropriate use of confidential information. Monitor t
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oensure compliance. h
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Refrain from using confidential information for unethical or illegal advantage.
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III. Integrity.
Mitigate actual conflicts of interest. Regularly communicate with business associates to avoid
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apparent conflicts of interest. Advise all parties of any potential conflicts. hd hd hd hdhd hd hd hd hd hd hd




Refrain from engaging in any conduct that would prejudice carrying out duties ethically.
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