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Managerment Accounting--A Perspective | |
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The Role of Management Accounting | |
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Financial Accounting vs. Management Accounting | |
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Cost Accounting vs. Management Accounting | |
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The Work of Management | |
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The Organizational Aspect of management Accounting | |
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Controllership | |
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The Certified Management Accountant (CMA) | |
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Cost Concepts, Terms, and Classifications | |
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Different Costs for Different Purposes | |
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Cost Classifications | |
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Costs by Management Function | |
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Direct Costs and Indirect Costs | |
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Product Costs and Period Costs | |
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Variable Costs, Fixed Costs, and Semivariable Costs | |
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Costs for Planning, Control, and Decision Making | |
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Income Statements and Balance Sheets--Manufacturer's vs. Merchandiser's | |
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Determination of Cost Behavior Patterns | |
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Analysis of Cost Behavior | |
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A Further Look at Costs by Behavior | |
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Types of Fixed Costs--Committed or Discretionary | |
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Analysis of Semivariable Costs (or Mixed Costs) | |
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The High-Low Method | |
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The Scattergraph Method | |
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The Method of Least Squares (Regression Analysis) | |
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Regression Statistics | |
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The Contribution Approach to the Income Statement | |
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Cost-Volume-Profit and Break-Even Analysis | |
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Cost-Volume-Profit and Break-Even Analysis Defined | |
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Questions Answered by CVP Analysis | |
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Concepts of Contribution Margin | |
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Break-Even Analysis | |
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Target Income Volume an dMargin of Safety | |
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Some Applications of CVP Analysis | |
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Sales Mix Analysis | |
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Break-Even and CVP Analysis Assumptions | |
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Absorption vs. Direct Costing | |
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Chapters 1-4 | |
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Relevant Costs in Nonroutine Decisions | |
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Types of Nonroutine Decisions | |
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Relevant Costs Defined | |
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Other Decision-Making Approaches--Total Project and Opportunity Cost Approaches | |
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Pricing Special Orders | |
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The Make-or-Buy Decision | |
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The Sell-or_Process-Further Decision | |
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Adding or Dropping a Product Line | |
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Utilization of Scarce Resources | |
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Budgeting for Profit Planning | |
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Budgeting Defined | |
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The Structure of the Master Budget | |
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Illustration | |
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Zero-Base Budgeting | |
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Standard Costs, Responsibility Accounting, and cost Allocation | |
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Responsibility Accounting Defined | |
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Responsibility Centers and Their Performance Evaluation | |
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Standard Costs and Variance Analysis | |
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Fixed Overhead Variances | |
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Methods of Variance Analysis for Factory Overhead | |
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Flexible Budgets and Performance Reports | |
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Segmental Reporting and the Contribution Approach to Cost Allocation | |
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Chapters 5-7 | |
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Performance Evaluation, Transfer Pricing, and Decentralization | |
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Decentralization | |
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Evaluation of Divisional Performance | |
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Rate of Return on Investment (ROI) | |
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ROI and Profit Planning | |
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Residual Income (RI) | |
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Investment Decisions under ROI and RI | |
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Transfer Pricing | |
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Alternative Transfer Pricing Schemes | |
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Capital Budgeting | |
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Capital Budgeting Decisions Defined | |
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Capital Budgeting Techniques | |
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Mutually Exclusive Investments | |
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Capital Rationing | |
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Income Tax Factors | |
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Capital Budgeting Decisions and the Modified Accelerated Cost Recovery System (MACRS) | |
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Quantitative Approaches to Managerial Accounting | |
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Introduction | |
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Linear Programming and Shadow Prices | |
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The Learning Curve | |
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Inventory Planning and Control | |
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Financial Statement Analysis and Statement of Cash Flows | |
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Financial Statement Analysis | |
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Ratio Analysis | |
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Liquidity Ratios | |
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Activity Ratios | |
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Leverage Ratios | |
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Profitability Ratios | |
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Summary of Ratios | |
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Statement of Cash Flows | |
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FASB Requirements | |
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Accrual Basis of Accounting | |
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Cash and Cash Equivalents | |
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Presentation of Noncash Investing and Financing Transactions | |
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Operating, Investing, and Financing Activities | |
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Presentation of the Cash Flow Statement | |
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Product Costing Methods (Job-Order Costing, Process Costing, Cost Allocation, and Joint-Product Costing) | |
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Cost Accumulation Systems | |
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Job-Order Costing and Process Costing Compared | |
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Job-Order Costing | |
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Job Cost Sheet | |
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Factory Overhead Application | |
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Process Costing | |
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Steps in Process Costing Calculations | |
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Cost-of-Production Report | |
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Weighted Average vs. First-In, First-Out (FIFO) | |
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Allocation of Service Department Costs to Production Departments | |
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Procedure for Service Department Cost Allocation | |
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Joint-Product and By-Product Costs | |
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Activity-Based Costing (ABC), Just-in-Time (JIT), Total Quality Management (TQM), and Quality Costs | |
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Activity-Based Costing | |
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How Does ABC Work? | |
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Benefits of an ABC System | |
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Just-in-Time Manufacturing | |
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JIT Compared with Traditional Manufacturing | |
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Benefits of JIT | |
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JIT Costing System | |
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Total Quality Management | |
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Quality Costs | |
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Quality Cost and Performance Reports | |
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Activity-Based Costing and Optimal Quality Costs | |
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Chapters 8-13 | |
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Index | |