Present the following:Definition of managerial accountingRole of managerial accounting and the management accountant in a business or organizationEthical issues/concerns for the management accountantGeneral description of at least three managerial accounting techniques available and their application within a business or organizationPart II (Four to six double-spaced pages)Select at least three of the five topics identified below:Cost Management TechniquesCosting MethodsCapital Investment Decision TechniquesBudgetingQuality ControlFor each topic selected present real world examples of the application of managerial accounting techniques within a business or organization. Examples may be gathered from your own professional experiences or from case studies obtained from credible sources (excluding textbook examples explored in previous weeks). Presentation of each example should include how a managerial accounting technique was applied in the business or organization s decision-making model. Be sure to support your example with calculations when applicable

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Present the following:

Definition of managerial accounting
Role of managerial accounting and the management accountant in a business or organization
Ethical issues/concerns for the management accountant
General description of at least three managerial accounting techniques available and their application within a business or organization

Part II (Four to six double-spaced pages)

Select at least three of the five topics identified below:

Cost Management Techniques
Costing Methods
Capital Investment Decision Techniques
Budgeting
Quality Control

For each topic selected present real world examples of the application of managerial accounting techniques within a business or organization. Examples may be gathered from your own professional experiences or from case studies obtained from credible sources (excluding textbook examples explored in previous weeks). Presentation of each example should include how a managerial accounting technique was applied in the business or organization s decision-making model. Be sure to support your example with calculations when applicable

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