Managerial Accounting develops readers’ fundamental skills of accounting while offering a preview of how these concepts will be used in a business setting.
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Introduction to Management Accounting; Job Order Costing; Activity-Based Costing and Other Cost Management Tools; Process Costing; Cost Behavior and Cost-Volume-Profit Analysis; Absorption and Variable costing; Master Budget: Profit Planning; Flexible Budgets and Standard Costs; Decentralization:Â Allocating Service Department Costs and Responsibility Accounting; Short-Term Business Decisions; Capital Investment Decisions and the Time Value of Money; Performance Evaluation and the Balanced Scorecard; The Statement of Cash Flows; Financial Statement Analysis
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MARKET: For those interested in understanding accounting through a managerial point of view.