Cost Management, 5th Edition by Hansen, Mowen, Heitger | TEST BANK

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Test Bank for Cost Management, 5th Edition, 5e by Don R. Hansen, Maryanne M. Mowen, Dan L. Heitger TEST BANK ISBN-13: 9780357141199 Full chapters included Chapter 1: Introduction to Cost Manageme... nt Financial Accounting versus Cost Management: A Systems Framework Factors Affecting the Use of Cost Management The Role of the Management Accountant Accounting and Ethical Conduct Certification Chapter 2: Basic Cost Management Concepts A Systems Framework The Growing Importance of Data Analytics within Cost Management Cost Assignment: Direct Tracing, Driver Tracing, and Allocation Product and Service Costs External Financial Statements Traditional and Activity-Based Cost Management Systems Chapter 3: Cost Behavior and Forecasting Basics of Cost Behavior Resources, Activities, and Cost Behavior Methods of Determining Cost Behavior Quantitative Methods for Separating Mixed Costs into Fixed and Variable Components Reliability of Cost Formulas Multiple Regression Nonlinear Cost Behavior and the Learning Curve Managerial Judgment Chapter 4: Activity-Based Costing Unit-Level Product Costing Limitations of Plantwide and Departmental Rates Activity-Based Costing System Making the Connection: Integrative Exercise Part 1 (Chapters 1-4) Chapter 5: Product and Service Costing: Job-Order System Characteristics of the Production Process Setting Up the Cost Accounting System The Job-Order Costing System: General Description Job-Order Costing: Specific Cost Flow Description Job-Order Costing with Activity-Based Costing Accounting for Spoiled Units in a Traditional Job-Order Costing System Chapter 6: Process Costing Basic Operational and Cost Concepts Process Costing with No Work-in-Process Inventories Process Costing with Ending Work-in-Process Inventories FIFO Costing Method Weighted Average Costing Method Treatment of Transferred-in Goods Operation Costing Chapter 7: Allocating Costs of Support Departments and Joint Products An Overview of Cost Allocation Allocating One Department's Costs to Other Departments Choosing a Support Department Cost Allocation Method Departmental Overhead Rates and Product Costing Accounting for Joint Production Processes Chapter 8: Budgeting for Planning and Control The Role of Budgeting in Planning and Control Preparing the Operating Budget Preparing the Financial Budget Flexible Budgets for Planning and Control Activity-Based Budgets The Behavioral Dimension of Budgeting Chapter 9: Standard Costing: A Functional-Based Control Approach Developing Unit Input Standards Standard Cost Sheets Variance Analysis and Accounting: Direct Materials and Direct Labor Variance Analysis: Overhead Costs Mix and Yield Variances: Materials and Labor Chapter 10: Decentralization: Responsibility Accounting, Performance Evaluation, and Transfer Pricin Responsibility Accounting Decentralization Measuring the Performance of Investment Centers Measuring and Rewarding the Performance of Managers Transfer Pricing Setting Transfer Prices Making the Connection: Integrative Exercise Part 2 (Chapters 5-10) Chapter 11: Strategic Cost Management Strategic Cost Management: Basic Concepts Enterprise Risk Management Value-Chain Analysis Life-Cycle Cost Management Just-in-Time (JIT) Manufacturing and Purchasing JIT and Its Effect on the Cost Management System Chapter 12: Activity-Based Management The Relationship of Activity-Based Costing and Activity-Based Management Process Value Analysis Financial Measures of Activity Efficiency Implementing Activity-Based Management Financial-Based versus Activity-Based Responsibility Accounting Chapter 13: Strategic-Based Control Systems and the Balanced Scorecard Strategic-Based Control Systems Basic Concepts of the Balanced Scorecard Linking Measures to Strategy Strategic Alignment Chapter 14: Quality and Environmental Cost Management Costs of Quality Reporting Quality Costs Quality Cost Information and Decision Making Controlling Quality Costs Defining, Measuring, and Controlling Environmental Costs Environmental Costing Chapter 15: Lean Accounting and Productivity Measurement Lean Manufacturing Lean Accounting Productive Efficiency Total Productivity Measurement Making the Connection: Integrative Exercise Part 3 (Chapters 11-15) Chapter 16: Cost-Volume-Profit Analysis The Break-Even Point and Target Profit in Units and Sales Revenue After-Tax Profit Targets Multiple-Product Analysis Graphical Representation of CVP Relationships Changes in the CVP Variables CVP Analysis and Non-Unit Cost Drivers Chapter 17: Activity Resource Usage Model and Tactical Decision Making Tactical Decision Making Relevant Costs and Revenues Relevancy, Cost Behavior, and the Activity Resource Usage Model Illustrative Examples of Tactical Decision Making Chapter 18: Pricing and Profitability Analysis Basic Pricing Concepts Cost and Pricing Policies The Legal System and Pricing Measuring Profit Analysis of Profit-Related Variances The Product Life Cycle Limitations of Profit Measurement Chapter 19: Capital Investment Capital Investment Decisions Payback and Accounting Rate of Return: Nondiscounting Methods The Net Present Value Method Internal Rate of Return NPV versus IRR: Mutually Exclusive Projects Computing After-Tax Cash Flows Capital Investment: Advanced Technology and Environmental Considerations Chapter 20: Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints Just-in-Case Inventory Management JIT Inventory Management Basic Concepts of Constrained Optimization Theory of Constraints Chapter 21: International Issues in Cost Management Cost Accounting in the International Environment Levels of Involvement in International Trade Foreign Currency Exchange Decentralization and Performance Evaluation in the Multinational Firm Transfer Pricing and the Multinational Firm [Show More]

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