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Cases in Management Accounting and Control Systems (4th Edition)
Product Description Written to create a collection of teaching cases that are interesting, thought-provoking and relevant to contemporary business situations and decisions, this book advocates broadening and strengthening the management dimensions of management accounting and control courses—doing so without sacrificing essential accounting content. Challenging yet concise cases are presented in a manner that minimizes reader preparation requirements. Topics and materials demonstrate how costs, cost analysis, and planning and performance measurement can be useful to managers in making operating and strategic decisions. This edition includes cases intended to build a foundation of basic concepts like cost behaviors, standard costing, and relevant costs. It also includes cases intended to address more comprehensive and complex issues such as activity-based thinking, balanced scorecards, transfer pricing, the use of ROI versus Residual Income to measure performance, flexible budgeting, and revenue and expense variance analysis. For anyone in management accounting, cost accounting, strategic cost management, and/or management control systems professions. The publisher, Prentice Hall Business Publishing This collection of cases challenges students to diagnose a situation, lend order to a somewhat unstructured picture, and then to apply useful analytical frameworks to deal with the issues. --This text refers to the Paperback edition. Reader Reviews This is the worst textbook I've ever come across. Tons of grammatical errors and inconsistencies with monetary units, such as using British pounds and Dollar signs intermixed when they shouldn't be. Basic math skills seem to be lacking from the authors because many of the numbers don't add up. This is totally inexcusable for an accounting-based text. No website for the errata either. Avoid at all costs. Comment | | (Report this)
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