Students receive insights into the role of cost information in operational and strategic decision making with the new edition of this time-tested text. Pedagogical items, such as RWhatUs Wrong With This?S and RYou And AccountingS make accounting easy to learn and relevant for every student. With an emphasis on developing critical thinking and decision making skills, this text is ideal for all majors who will someday enter the business world. Note: this text is a direct lift of the managerial portion of FINANCIAL AND MANAGERIAL ACCOUNTING by the same authors.