1.
To identify: Interrelatedness between three areas of management’s responsibility.
2.
To identify: SOX impact on financial accounting and managerial accounting.
3.
To-know: why managerial accounting is more suitable for internal reporting.
4.
To-know: The efficiency of organisational structure in which management accountants report to controller.
5.
To-identify: Skills required by
6.
To-identify: how these professional organisations help in a person’s career.
7.
To-identify: Benefits of CMA certification in a person’s career.
8.
To-identify: four ethical standards of IMA and their impact on planning, directing and controlling.
9.
To-identify: how these business trends impact management accountants’ roles.
10.
To-identify: careers in which managerial accounting will be useful other than accounting.
11.
To-identify: two examples of sustainability efforts.
12.
To-recommend: companies should publicize their sustainability efforts or not.
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Chapter 1 Solutions
Managerial Accounting (4th Edition)
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