Test Bank for Managerial Accounting, 4th Edition by Charles Davis, Elizabeth Davis

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Test Bank for Managerial Accounting, 4th Edition by Charles Davis, Elizabeth Davis TEST BANK ISBN-13: 9781119577638 Full chapters included 1 Accounting as a Tool for Management 1-1 Unit 1.1 Wh ... at is Managerial Accounting? 1-2 Reality Check Checking out the new checkout 1-10 Unit 1.2 Different Strategies, Different Information 1-12 Reality Check What’s the price tag for a new strategy? 1-13 Reality Check When Just-In-Time Isn’t 1-16 Unit 1.3 Ethical Considerations in Managerial Accounting 1-18 Reality Check Blowing the whistle 1-23 Learning Objective Summary 1-24 Key Terms / Exercises / Problems / Cases / Endnotes TF1 C&C Sports, Managerial Accounting Context TF1-1 Learning Objective Summary TF1-7 Endnotes 2 Cost Behavior and Cost Estimation 2-1 Unit 2.1 Cost Behavior Patterns 2-2 Data Analytics in Action 2-5 Reality Check If it looks like a variable cost . . . 2-7 Unit 2.2 Cost Estimation 2-10 Reality Check Making the relevant range irrelevant 2-15 Unit 2.3 Contribution Margin Analysis 2-17 Reality Check The contribution margin recipe 2-19 Learning Objective Summary 2-24 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes 3 Cost–Volume–Profit Analysis and Pricing Decisions 3-1 Unit 3.1 Breakeven Analysis 3-3 Reality Check Who really uses breakeven analysis? 3-4 Unit 3.2 Cost–Volume–Profit Analysis 3-8 Data Analytics in Action 3-11 Reality Check Don’t let ghost restaurants scare you 3-13 Unit 3.3 Multiproduct CVP Analysis 3-16 Reality Check Mixing it up on a high flyer 3-17 Unit 3.4 Pricing Decisions 3-21 Reality Check Big data brings dynamic pricing strategies 3-24 Learning Objective Summary 3-26 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes 4 Product Costs and Job Order Costing 4-1 Unit 4.1 Product and Period Costs 4-2 Data Analytics in Action 4-5 Reality Check Showing cost classifications in published financial statements 4-7 Unit 4.2 Product Cost Flows 4-9 Reality Check What’s satisfying your sweet tooth going to cost? 4-14 Unit 4.3 Job Order Costing 4-17 Reality Check Will robots win the direct labor battle? 4-22 Unit 4.4 Underapplied and Overapplied Manufacturing Overhead 4-25 Reality Check Missing the Overhead Mark 4-26 Learning Objective Summary 4-30 Key Terms / Exercises / Problems / Cases / Data Analytics Problem TF2 Process Costing TF2-1 Data Analytics in Action TF2-5 Reality Check Costs in the oyster bed TF2-9 Learning Objective Summary TF2-13 Exercises / Problems / Cases / Endnotes TF3 Variable and Absorption Costing TF3-1 Reality Check Variable costing, German style TF3-6 Learning Objective Summary TF3-10 Exercises / Problems / Cases 5 Planning and Forecasting in a Manufacturing Setting 5-1 Unit 5.1 Planning and the Budgeting Process 5-3 Reality Check Starting from Zero 5-6 Unit 5.2 Performance Standards 5-9 Reality Check The diamond standard 5-9 Unit 5.3 Building the Master Budget: The Operating Budget 5-15 Reality Check is there a crystal ball for forecasting sales? 5-17 Data Analytics in Action 5-24 Unit 5.4 Building the Master Budget: The Cash Budget 5-31 Reality Check Budgeting around the world 5-35 Unit 5.5 Pro-Forma Financial Statements 5-40 Reality Check How the pros use pro-formas 5-43 Learning Objective Summary 5-46 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes 6 Performance Evaluation: Variance Analysis 6-1 Unit 6.1 Flexible Budgets: A Performance Evaluation Tool 6-3 Reality Check Who’s being flexible? 6-5 Data Analytics in Action 6-9 Unit 6.2 Variance Analysis: Direct Materials 6-14 Reality Check Going nuts over almonds 6-16 Reality Check A variance to remember 6-18 Unit 6.3 Variance Analysis: Direct Labor 6-21 Reality Check Labor efficiency strike out 6-24 Unit 6.4 Variance Analysis: Overhead 6-27 Learning Objective Summary 6-32 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes TF4 Standard Costing Systems TF4-1 Reality Check are standard costing systems headed for extinction? TF4-5 Learning Objective Summary TF4-12 Exercises / Problems / Endnotes 7 Activity-Based Costing and Activity-Based Management 7-1 Unit 7.1 Activity-Based Costing 7-3 Reality Check Making a package deal 7-6 Unit 7.2 Developing Activity-Based Product Costs 7-10 Reality Check ABC isn’t just for manufacturing 7-16 Unit 7.3 Activity-Based Management 7-20 Data Analytics in Action 7-22 Reality Check Working to add value 7-24 Learning Objective Summary 7-27 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes TF5 Customer Profitability TF5-1 Data Analytics in Action TF5-6 Reality Check All customers are not created equal TF5-7 Learning Objective Summary TF5-10 Exercises / Problems / Endnotes 8 Using Accounting Information to Make Managerial Decisions 8-1 Unit 8.1 Identifying Relevant Information 8-3 Reality Check How big is big data? 8-4 Unit 8.2 Special Order Pricing 8-9 Reality Check The dynamics of pricing 8-10 Unit 8.3 Outsourcing 8-14 Reality Check It’s time to shore up production 8-15 Unit 8.4 Allocating Constrained Resources 8-20 Data Analytics in Action 8-22 Reality Check Money doesn’t grow on trees 8-23 Unit 8.5 Keeping or Eliminating Operations 8-26 Reality Check Sometimes less is more 8-29 Learning Objective Summary 8-32 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes 9 Capital Budgeting 9-1 Unit 9.1 Capital Budgeting Decisions 9-2 Reality Check How much capital are we talking about? 9-5 Unit 9.2 Time Value of Money 9-8 Reality Check If you build it, they will stay 9-13 Unit 9.3 Discounted Cash Flow Techniques 9-15 Reality Check Don’t discount the choice of a discount rate 9-17 Data Analytics in Action 9-22 Unit 9.4 Other Capital Budgeting Techniques 9-25 Reality Check So many choices, so little money 9-28 Learning Objective Summary 9-31 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes 10 Decentralization and Performance Evaluation 10-1 Unit 10.1 Centralized versus Decentralized Organizations 10-2 Reality Check Taking center stage—or not 10-5 Unit 10.2 Segment Evaluation 10-8 Reality Check The whole isn’t always greater than the sum of its parts 10-9 Unit 10.3 Return on Investment 10-13 Data Analytics in Action 10-17 Reality Check Getting a healthy ROI 10-18 Unit 10.4 Residual Income and EVA® 10-20 Reality Check Finding value in compensation 10-24 Appendix Transfer Pricing 10-27 Reality Check The taxing transfer 10-28 Learning Objective Summary 10-33 Key Terms / Exercises / Problems / Cases / Data Analytics Problem / Endnotes 11 Performance Evaluation Revisited: A Balanced Approach 11-1 Unit 11.1 Performance Measures 11-2 Reality Check Batter up 11-5 Unit 11.2 The Balanced Scorecard 11-10 Data Analytics in Action 11-12 Reality Check Not your typical balanced scorecard 11-16 Unit 11.3 Benchmarking 11-20 Reality Check Benchmarking in health care 11-22 Appendix Measures of Meeting Delivery Expectations 11-23 Learning Objective Summary 11-28 Key Terms / Exercises / Problems / Cases / Data Analytics Problems / Endnotes 12 Financial Statement Analysis 12-1 Unit 12.1 Horizontal Analysis of Financial Statements 12-2 Reality Check How to slice an apple 12-6 Unit 12.2 Common-Size Financial Statements 12-8 Reality Check Hospitals suffer from bad debts 12-11 Unit 12.3 Ratio Analysis 12-15 Reality Check Don’t cash in too quickly 12-19 Unit 12.4 Industry Analysis 12-28 Reality Check Growing strong farms 12-29 Learning Objective Summary 12-33 Key Terms / Exercises / Problems / Cases / Endnotes 13 Statement of Cash Flows 13-1 Unit 13.1 Categorizing Cash Flows 13-2 Reality Check What’s in your wallet? 13-4 Unit 13.2 Cash Flows Provided by Operating Activities: The Indirect Method 13-8 Reality Check Running out of cash? 13-11 Unit 13.3 Cash Flows Provided by Investing and Financing Activities 13-13 Unit 13.4 Constructing and Interpreting the Statement of Cash Flows 13-19 [Show More]

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