Managerial Accounting (5th Edition)
Managerial Accounting (5th Edition)
5th Edition
ISBN: 9780134128528
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Textbook Question
Chapter 1, Problem 1.20BE

Identify users of accounting information (Learning Objective 3)

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information, or both.

  1. 1. Internal auditor
  2. 2. Potential shareholders
  3. 3. Loan officer at the company’s bank
  4. 4. Manager of the Sales Department
  5. 5. Bookkeeping Department
  6. 6. Managers at regional offices
  7. 7. IRS agent
  8. 8. Current shareholders
  9. 9. Wall Street analyst
  10. 10. News reporter
  11. 11. Company controller
  12. 12. Board of directors
  13. 13. SEC employee
  14. 14. External auditor (public accounting firm)
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Identify the top three concepts or skills you learned in this course that you believe will be the most useful to you in your current or future professional career or education along with rationale as to their importance to someone in the field of accounting or financial management.
Identifying users of accounting information For each user of accounting information, identify if the user would use financial accounting (FA) or managerial accounting (MA). a. investor b. banker c. Internal Revenue Service d. manager of the business e. controller f. stockholder g. human resources director h. creditor
Identifying users of accounting information For each user of accounting information, identify if the user would use financial accounting (FA) or managerial accounting (MA). investor banker Internal Revenue Service manager of the business controller stockholder human resources director creditor

Chapter 1 Solutions

Managerial Accounting (5th Edition)

Ch. 1 - Managers responsibilities (Learning Objective 1)...Ch. 1 - Contrast managerial and financial accounting...Ch. 1 - Prob. 1.3SECh. 1 - Prob. 1.4SECh. 1 - Prob. 1.5SECh. 1 - Prob. 1.6SECh. 1 - Violations of ethical standards (Learning...Ch. 1 - Identify current competitive tools (Learning...Ch. 1 - Identify ethical standards violated (Learning...Ch. 1 - Define key terms (Learning Objectives 1, 2, 3, 4,...Ch. 1 - Define key terms (Learning Objectives 1 2)...Ch. 1 - Prob. 1.12AECh. 1 - Identify users of accounting information (Learning...Ch. 1 - Classify ethical responsibilities (Learning...Ch. 1 - Equipment purchase cost-benefit analysis (Learning...Ch. 1 - Lean production cost-benefit analysis (Learning...Ch. 1 - Identify sustainability efforts as impacting...Ch. 1 - Prob. 1.18BECh. 1 - Prob. 1.19BECh. 1 - Identify users of accounting information (Learning...Ch. 1 - Classify ethical responsibilities (Learning...Ch. 1 - Equipment purchase cost-benefit analysis (Learning...Ch. 1 - Lean production cost-benefit analysis (Learning...Ch. 1 - Prob. 1.24BECh. 1 - Management processes and accounting information...Ch. 1 - Ethical dilemmas (Learning Objective 4) Barb Perot...Ch. 1 - ERP cost-benefit analysis (Learning Objective 5)...Ch. 1 - Online order system cost-benefit analysis...Ch. 1 - Continuation of P1-28A: revised estimates...Ch. 1 - Management processes and accounting information...Ch. 1 - Ethical dilemmas (Learning Objective 4) ETHICS...Ch. 1 - ERP cost-benefit analysis (Learning Objective 5)...Ch. 1 - Online order system cost-benefit analysis...Ch. 1 - Continuation of P1-33B: revised estimates...Ch. 1 - Discuss how managerial accounting can be used at...Ch. 1 - Discussion Questions 1. What are the three main...Ch. 1 - Prob. 1.37ACTCh. 1 - Prob. 1.38ACTCh. 1 - Ethics and casual conversations (Learning...Ch. 1 - Using managerial accounting information to manage...
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