Managerial Accounting (5th Edition)
5th Edition
ISBN: 9780134128528
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 1, Problem 7QC
To determine
To identify: The appropriate answer for the given statement.
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Which of the following skills/attributes is not a primary skill for accountants to possess?
A. written communication
B. extensive computer programming background
C. Verbal communication
D. ability to work independently
Identify and explain as an example at least 3 scenarios (related with ethics in management accounting only) where Credibility is not followed so that staff may have a better understanding of these guidelines?
HOW EACH THEORIES APPLIED IN TEACHING ACCOUNTING. PLEASE DO NOT COPY THE ANSWER OF OTHER TUTOR HERE BECAUSE I'M NOT SATISFIED WITH THEIR ANSWERS.
Theories
Proponent
What is the theory about?
How is it applied in teaching accounting?
Behaviorism
John Watson and B.F Skinner
Behaviorism is a learning theory that claims that all human actions are learned via conditioning. According to Skinner, behaviorism could be explained as a learning process whereby a person learns to acknowledge a stimulus, which causes and response, and the response is then reinforced. This finally leads to conditioning one's behavior. Thus behaviorism is a learning process through conditioning of the stimulus, along with reward and punishment. Watson on the other hand focuses on the external behaviors of a man. He held that the only indication of a person's internal state came from their physical reactions. In conclusion, behaviorism emphasizes how interactions with the environment help people learn new…
Chapter 1 Solutions
Managerial Accounting (5th Edition)
Ch. 1 - (Learning Objective 1) Which of the following...Ch. 1 - (Learning Objective 2) Managerial accounting...Ch. 1 - (Learning Objective 3) Which of the following...Ch. 1 - (Learning Objective 3) Of the following skills,...Ch. 1 - (Learning Objective 4) Which of the following...Ch. 1 - Prob. 6QCCh. 1 - Prob. 7QCCh. 1 - Prob. 8QCCh. 1 - (Learning Objective 5) Which of the following is...Ch. 1 - (Learning Objective 5) All of the following are...
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...
Knowledge Booster
Similar questions
- Think about the main duties/tasks for the Accountant and Auditor occupation. Using the tasks listed, and your knowledge of Self-Determination Theory, for 3 each form of motivation listed below, pick one task that would fit each form of motivation for you. Tell me why the task would likely fit, for you, the specific motivation type noted, and in doing so, demonstrate your knowledge of these motivation types. a. external regulation b. identified regulation c. intrinsic motivationarrow_forwardWhich of the following skills/attributes is not a primary skill for accountants to possess? written communication verbal communication ability to work independently analytical thinking extensive computer programing backgroundarrow_forwardWhat is a primary focus of ethics and professional standards in forensic accounting? a) Maximizing shareholder value b) Maintaining client confidentiality c) Reducing corporate taxes d) Expediting financial reportingarrow_forward
- Question 1 In order for public to have confidence in work perform by professional accountants it is essential to have a system regulation. Regulation can take the form of both ethical and statutory guidance. Required; a) State the five threats contained within IESBA's Code of Ethics for professional Accountants and for each threat list one example of circumstance that might create the threat. b) Explain the Auditor's ethical responsibilities with regards to client confidentiality and when they have obligatory responsibility to disclose client information on a voluntary responsibility to disclose client information. Compliance with the fundamental principles in IESBA's Code of ethics for Professional Accountants can be threatened in a number of ways. Required; c) Explain each of the five fundamental principles of IESBA's Code of Ethics for Professional Accountants. d) List the five ethical threat to independence and objectivity and for each threat identify one example of a circumstance…arrow_forwardWhat is business ethics? Is it possible to teach ethical behavior in a management accounting course?arrow_forward1. What are interesting facts/ fun facts about management accounting practices? 2. Explain one example management accounting dishonest practices that talked a around the whole?arrow_forward
- Management accounting provides economic and financial information for external users such as shareholders, creditors and banks. Select one: True Falsearrow_forwardThe character fundamental on which public trust is placed on accountants is A independence.B adequate training.C objectivity.D integrity.arrow_forwardWhich among the following are the reasons why regulation of the accounting profession is essential? i. Regulations address the knowledge imbalance between the provider and purchaser of professional service. ii. Regulations ensure that accounting services are of the right quality. iii. Regulations ensure that the cost benefits to these third parties are taken into account. a. i and ii b. i, ii, and iii c. i and iii d. ii and iiiarrow_forward
- Ethical conduct and professional judgment each play important roles in the accounting process.a. In general terms, explain why it is important to society that people who prepare accountinginformation act in an ethical manner.b. Identify at least three areas in which accountants must exercise professional judgment, ratherthan merely relying on written rules.arrow_forwardPreparing performance reports that contain data only about items that a specific manager controls is an example of which of the following? A. Financial reporting B. Learning and innovation C. Management by exception D. Responsibility accountingarrow_forwardFinancial accounting provides information for managers and other internal users. Select one: True Falsearrow_forward
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