Type:
Solution Manual
Resource:
Managerial Accounting
Edition:
6th Edition
Author(s):
Karen W. Braun Wendy M. Tietz
Instructor’s Solutions Manual Jennifer Allen
Managerial Accounting Sixth Edition
Karen Wilken Braun Wendy M. Tietz
Contents Chapter 1
Introduction to Managerial Accounting ............................................ 1-1
Chapter 2
Building Blocks of Managerial Accounting ..................................... 2-1
Chapter 3
Job Costing........................................................................................ 3-1
Chapter 4
Activity-Based Costing, Lean Operations, and the Costs of Quality .............................................................................. 4-1
Chapter 5
Process Costing .................................................................................. 5-1
Chapter 6
Cost Behavior..................................................................................... 6-1
Chapter 7
Cost-Volume-Profit Analysis............................................................ 7-1
Chapter 8
Relevant Costs for Short-Term Decisions ........................................ 8-1
Chapter 9
The Master Budget ........................................................................... 9-1
Chapter 10
Performance Evaluation ................................................................. 10-1
Chapter 11
Standard Costs and Variances ......................................................... 11-1
Chapter 12
Capital Investment Decisions and the Time Value of Money ........ 12-1
Chapter 13
Statement of Cash Flows ................................................................ 13-1
Chapter 14
Financial Statement Analysis ........................................................... 14-1
Chapter 15
Sustainability.................................................................................... 15-1
Chapter 1 Introduction to Managerial Accounting Quick Check Answers QC1-1. c QC1-2. d QC1-3. b
QC1-4. d QC1-5. d QC1-6. c
QC1-7. a QC1-8. c QC1-9. b
QC1-10. a QC1-11. c QC1-12. b
Short Exercises (5–10 min.) S1-1 a. b. c. d. e.
Planning Controlling Directing Directing Directing, Controlling
(5–10 min.) S1-2
a. b. c. d. e. f. g. h. i. j. k. l. m.
Financial accounting Financial accounting Financial accounting Managerial accounting Managerial accounting Managerial accounting Financial accounting Financial accounting Managerial accounting Managerial accounting Financial accounting Managerial accounting Financial accounting
.
1-1
Managerial Accounting 6e Solutions Manual
(5–10 min.) S1-3 a. b. c. d. e. f. g. h. i. j. k. l. m.
Internal Auditing Department Controller Internal Auditing Department Internal Auditing Department Treasurer Controller Controller Controller Controller Controller Controller Treasurer Treasurer
(5–10 min.) S1-4 Characteristic
Check (√) if related to internal auditing
a.
Reports directly to the audit committee
b.
Reports to treasurer or controller
c.
Is part of the Accounting Department
d.
Helps to ensure that company’s internal controls are functioning properly
e.
Performs the same function as independent certified public accountants
f.
Usually reports to a senior executive (CFO or CEO) for administrative matters
g.
External audits can be performed by the internal auditing department
h.
Required by the New York Stock Exchange if company stock is publicly traded on the NYSE
i.
Ensures that the company achieves its profit goals
1-2
√
.
√
√
√