Test Bank for Managerial Accounting Making Decisions and Motivating Performance 1st Edition Datar

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Product Details:

  • ISBN-10 ‏ : ‎ 0137024878
  • ISBN-13 ‏ : ‎ 978-0137024872
  • Author:  Srikant Datar (Author), Madhav Rajan (Author)

Managerial Accounting: Making Decisions and Motivating Performance enables managers and business owners to attain the core skills they need to become integral members of their company’s decision-making teams.

This new program from established authors Srikant M. Datar and Madhav Rajan emphasizes decision-making and the effects of decisions. While many texts teach the theories and frameworks of management education, Managerial Accounting goes further by covering the capabilities and techniques necessary for effective management practice, as well as fostering attitudes that typify integrity, honesty, and fairness.

 

Table of Content:

  1. 1 The Manager and Management Accounting
  2. Learning Objectives
  3. Financial Accounting and Management Accounting
  4. Strategic Decisions and the Management Accountant
  5. Value-Chain and Supply-Chain Analysis and Key Success Factors
  6. Value-Chain Analysis
  7. Supply-Chain Analysis
  8. Key Success Factors
  9. Sustainability
  10. Decision Making, Planning, and Control
  11. Key Management Accounting Guidelines
  12. Cost–Benefit Approach
  13. Behavioral and Technical Considerations
  14. Different Costs for Different Purposes
  15. Organization Structure and the Management Accountant
  16. Line and Staff Relationships
  17. The Chief Financial Officer and the Controller
  18. Management Accounting Beyond the Numbers2
  19. Professional Ethics
  20. Institutional Support
  21. Typical Ethical Challenges
  22. Problem for Self-Study
  23. Required
  24. Solution
  25. Decision Points
  26. Terms to Learn
  27. Assignment Material
  28. Questions
  29. Exercises
  30. Required
  31. Required
  32. Required
  33. Required
  34. Required
  35. Required
  36. Required
  37. Required
  38. Required
  39. Problems
  40. Required
  41. Decisions
  42. Required
  43. Decisions
  44. Required
  45. Required
  46. Required
  47. Required
  48. Required
  49. Required
  50. 2 An Introduction to Cost Terms and Purposes
  51. Learning Objectives
  52. Costs and Cost Terminology
  53. Direct Costs and Indirect Costs
  54. Challenges in Cost Allocation
  55. Factors Affecting Direct/Indirect Cost Classifications
  56. Cost-Behavior Patterns: Variable Costs and Fixed Costs
  57. Cost Drivers
  58. Relevant Range
  59. Relationships of Types of Costs
  60. Total Costs and Unit Costs
  61. Unit Costs
  62. Use Unit Costs Cautiously
  63. Business Sectors, Types of Inventory, Inventoriable Costs, and Period Costs
  64. Manufacturing-, Merchandising-, and Service-Sector Companies
  65. Types of Inventory
  66. Commonly Used Classifications of Manufacturing Costs
  67. Inventoriable Costs
  68. Period Costs
  69. Illustrating the Flow of Inventoriable Costs and Period Costs
  70. Manufacturing-Sector Example
  71. Recap of Inventoriable Costs and Period Costs
  72. Prime Costs and Conversion Costs
  73. Measuring Costs Requires Judgment
  74. Measuring Labor Costs
  75. Overtime Premium and Idle Time
  76. Benefits of Defining Accounting Terms
  77. Different Meanings of Product Costs
  78. A Framework for Cost Accounting and Cost Management
  79. Calculating the Cost of Products, Services, and Other Cost Objects
  80. Analyzing the Relevant Information for Making Decisions
  81. Obtaining Information for Planning and Control and Performance Evaluation
  82. Problem for Self-Study
  83. Required
  84. Solution
  85. Decision Points
  86. Appendix
  87. Variable Costing and Absorption Costing
  88. Undesirable Buildup of Inventories
  89. Proposals for Revising Performance Evaluation
  90. Variable Costing
  91. Comparing Income Statements
  92. Comparing Absorption Costing and Variable Costing
  93. Terms to Learn
  94. Assignment Material
  95. Questions
  96. Exercises
  97. Required
  98. Required
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  100. Required
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  110. Problems
  111. Required
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  120. Required
  121. Required
  122. Required
  123. Required
  124. Required
  125. 3 Cost–Volume–Profit Analysis
  126. Learning Objectives
  127. Essentials of CVP Analysis
  128. Contribution Margin
  129. Expressing CVP Relationships
  130. Equation Method
  131. Contribution Margin Method
  132. Graph Method
  133. Cost–Volume–Profit Assumptions
  134. Breakeven Point and Target Operating Income
  135. Breakeven Point
  136. Target Operating Income
  137. Target Net Income and Income Taxes
  138. Using CVP Analysis for Decision Making
  139. Decision to Advertise
  140. Decision to Reduce Selling Price
  141. Determining Target Prices
  142. Sensitivity Analysis and Margin of Safety
  143. Cost Planning and CVP
  144. Alternative Fixed-Cost/Variable-Cost Structures
  145. Operating Leverage
  146. Effects of Sales Mix on Income
  147. CVP Analysis in Service and Not-for-Profit Organizations
  148. Contribution Margin Versus Gross Margin
  149. Problem for Self-Study
  150. Required
  151. Solution
  152. Decision Points
  153. Appendix
  154. Decision Models and Uncertainty1
  155. Role of a Decision Model
  156. Expected Value
  157. Good Decisions and Good Outcomes
  158. Terms to Learn
  159. Assignment Material
  160. Questions
  161. Exercises
  162. Required
  163. Required
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  174. Problems
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  188. Required
  189. 4 Job Costing
  190. Learning Objectives
  191. Building-Block Concepts of Costing Systems
  192. Job-Costing and Process-Costing Systems
  193. Job Costing: Evaluation and Implementation
  194. Time Period Used to Compute Indirect-Cost Rates
  195. Normal Costing
  196. General Approach to Job Costing Using Normal Costing
  197. The Role of Technology
  198. Actual Costing
  199. A Normal Job-Costing System in Manufacturing
  200. General Ledger
  201. Explanations of Transactions
  202. Nonmanufacturing Costs and Job Costing
  203. Budgeted Indirect Costs and End-of-Accounting-Year Adjustments
  204. Underallocated and Overallocated Indirect Costs
  205. Adjusted Allocation-Rate Approach
  206. Proration Approach
  207. Writeoff to Cost of Goods Sold Approach
  208. Choice Among Approaches
  209. Variations from Normal Costing: A Service-Sector Example
  210. Problem for Self-Study Required
  211. Required
  212. Solution
  213. Decision Points
  214. Appendix
  215. Allocating Costs with Multiple Overhead Cost Pools
  216. Direct Method
  217. Step-Down Method
  218. Reciprocal Method
  219. Overview of Methods
  220. Calculating the Cost of Job WPP 298
  221. Terms to Learn
  222. Assignment Material
  223. Questions
  224. Exercises
  225. Required
  226. Required
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  238. Problems
  239. Required
  240. Required
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  246. Required
  247. 5 Process Costing and Cost Allocation
  248. Learning Objectives
  249. Illustrating Process Costing
  250. Case 1: Process Costing with No Beginning or Ending Work-in-Process Inventory
  251. Case 2: Process Costing with Zero Beginning and Some Ending Work-in-Process Inventory
  252. Physical Units and Equivalent Units (Steps 1 and 2)
  253. Calculation of Product Costs (Steps 3, 4, and 5)
  254. T-Account Entries
  255. Case 3: Process Costing with Some Beginning and Some Ending Work-in-Process Inventory
  256. Weighted-Average Method
  257. First-In, First-Out Method
  258. Comparison of Weighted-Average and FIFO Methods
  259. Using Budgeted Rates
  260. Hybrid-Costing Systems
  261. Overview of Operation-Costing Systems
  262. Illustration of an Operation-Costing System
  263. T-Account Entries
  264. Cost Allocation for Joint Costs and Common Costs
  265. Allocating Joint Costs
  266. Allocating Common Costs
  267. Stand-Alone Cost-Allocation Method
  268. Incremental Cost-Allocation Method
  269. Problem for Self-Study
  270. Required
  271. Solution
  272. Decision Points
  273. Terms to Learn
  274. Assignment Material
  275. Questions
  276. Exercises
  277. Required
  278. Required
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  291. Problems
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  305. 6 Activity-Based Costing and Activity-Based Management
  306. Learning Objectives
  307. Broad Averaging and Its Consequences
  308. Undercosting and Overcosting
  309. Product-Cost Cross-Subsidization
  310. Simple Costing System at Plastim Corporation
  311. Design, Manufacturing, and Distribution Processes
  312. Simple Costing System Using a Single Indirect-Cost Pool
  313. Applying the Five-Step Decision-Making Process at Plastim
  314. Refining a Costing System
  315. Reasons for Refining a Costing System
  316. Guidelines for Refining a Costing System
  317. Activity-Based Costing Systems
  318. Plastim’s ABC System
  319. Cost Hierarchies
  320. Implementing Activity-Based Costing
  321. Implementing ABC at Plastim
  322. Comparing Alternative Costing Systems
  323. Considerations in Implementing Activity-Based Costing Systems
  324. Benefits and Costs of Activity-Based Costing Systems
  325. Behavioral Issues in Implementing Activity-Based Costing Systems
  326. Activity-Based Management
  327. Pricing and Product-Mix Decisions
  328. Cost Reduction and Process Improvement Decisions
  329. Design Decisions
  330. Planning and Managing Activities
  331. ABC in Service and Merchandising Companies
  332. Problem for Self-Study
  333. Required
  334. Solution
  335. Decision Points
  336. Terms to Learn
  337. Assignment Material
  338. Questions
  339. Exercises
  340. Required
  341. Required
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  368. 7 Pricing Decisions, Customer Profitability, and Cost Management
  369. Learning Objectives
  370. Major Factors that Affect Pricing Decisions
  371. Customers
  372. Competitors
  373. Costs
  374. Weighing Customers, Competitors, and Costs
  375. Costing and Pricing for the Long Run
  376. Calculating Product Costs for Long-Run Pricing Decisions
  377. Alternative Long-Run Pricing Approaches
  378. Target Costing for Target Pricing
  379. Understanding Customers’ Perceived Value
  380. Doing Competitor Analysis
  381. Implementing Target Pricing and Target Costing
  382. Value Engineering, Cost Incurrence, and Locked-In Costs
  383. Value-Chain Analysis and Cross-Functional Teams
  384. Achieving the Target Cost per Unit for Provalue
  385. Cost-Plus Pricing
  386. Cost-Plus Target Rate of Return on Investment
  387. Alternative Cost-Plus Methods
  388. Cost-Plus Pricing and Target Pricing
  389. Customer-Profitability Analysis
  390. Customer-Revenue Analysis
  391. Customer-Cost Analysis
  392. Customer-Level Costs
  393. Customer Profitability Profiles
  394. Presenting Profitability Analysis
  395. Cost Hierarchy-Based Operating Income Statement
  396. Using the Five-Step Decision-Making Process to Manage Customer Profitability
  397. Life-Cycle Product Budgeting and Costing
  398. Life-Cycle Budgeting and Pricing Decisions
  399. Customer Life-Cycle Costing
  400. Additional Considerations for Pricing Decisions
  401. Price Discrimination
  402. Peak-Load Pricing
  403. International Pricing
  404. Antitrust Laws
  405. Predatory Pricing
  406. Dumping
  407. Collusive Pricing
  408. Problem for Self-Study
  409. Required
  410. Solution
  411. Decision Points
  412. Terms to Learn
  413. Assignment Material
  414. Questions
  415. Exercises
  416. Required
  417. Required
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  427. Problems
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  442. 8 Determining How Costs Behave
  443. Learning Objectives
  444. Basic Assumptions of Linear Cost Functions
  445. Basic Assumptions
  446. Linear Cost Functions
  447. Nonlinear Cost Functions and Cost Classifications
  448. Learning Curves
  449. Review of Cost Classification
  450. Choice of Cost Object
  451. Time Horizon
  452. Relevant Range
  453. Identifying Cost Drivers
  454. The Cause-and-Effect Criterion
  455. Cost Drivers and the Decision-Making Process
  456. Cost Estimation Methods
  457. Industrial Engineering Method
  458. Conference Method
  459. Account Analysis Method
  460. Quantitative Analysis Method
  461. Steps in Estimating a Cost Function Using Quantitative Analysis
  462. High–Low Method
  463. Regression Analysis Method
  464. Evaluating Cost Drivers of the Estimated Cost Function
  465. Choosing Among Cost Drivers
  466. Cost Drivers and the Environment
  467. Cost Drivers and Activity-Based Costing
  468. Data Collection and Adjustment Issues
  469. Problem for Self-Study
  470. Required
  471. Solution
  472. Decision Points
  473. Terms to Learn
  474. Assignment Material
  475. Questions
  476. Exercises
  477. Required
  478. Required
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  490. Problems
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  500. 9 Decision Making and Relevant Information
  501. Learning Objectives
  502. Information and the Decision Process
  503. The Concept of Relevance
  504. Relevant Costs and Relevant Revenues
  505. Qualitative and Quantitative Relevant Information
  506. One-Time-Only Special Orders
  507. Potential Problems in Relevant-Cost Analysis
  508. Short-Run Pricing Decisions
  509. Relevant Costs for Short-Run Pricing Decisions
  510. Strategic and Other Factors in Short-Run Pricing
  511. Insourcing-Versus-Outsourcing and Make-or-Buy Decisions
  512. Outsourcing and Idle Facilities
  513. Strategic and Qualitative Factors
  514. International Outsourcing
  515. The Total Alternatives Approach
  516. The Opportunity-Cost Approach
  517. Carrying Costs of Inventory
  518. Product-Mix Decisions with Capacity Constraints
  519. Theory of Constraints and Throughput-Margin Analysis
  520. Customer Profitability, Activity-Based Costing, and Relevant Costs
  521. Relevant-Revenue and Relevant-Cost Analysis of Dropping a Customer
  522. Relevant-Revenue and Relevant-Cost Analysis of Adding a Customer
  523. Relevant-Revenue and Relevant-Cost Analysis of Closing or Adding Branch Offices or Segments
  524. Irrelevance of Past Costs and Equipment-Replacement Decisions
  525. Decisions and Performance Evaluation
  526. Irrelevance of Joint Costs for Decision Making
  527. Joint-Cost Allocation and Performance Evaluation
  528. Problem for Self-Study
  529. Required
  530. Solution
  531. Decision Points
  532. Appendix
  533. Linear Programming
  534. Steps in Solving an LP Problem
  535. Trial-and-Error Approach
  536. Graphic Approach
  537. Sensitivity Analysis
  538. Terms to Learn
  539. Assignment Material
  540. Questions
  541. Exercises
  542. Required
  543. Required
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  553. Problems
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  569. 10 Quality, Inventory Management, and Time
  570. Learning Objectives
  571. Quality as a Competitive Tool
  572. The Financial Perspective: Costs of Quality
  573. Using Nonfinancial Measures to Evaluate and Improve Quality
  574. The Customer Perspective: Nonfinancial Measures of Customer Satisfaction
  575. The Internal-Business-Process Perspective: Analyzing Quality Problems and Improving Quality
  576. Control Charts
  577. Pareto Diagrams
  578. Cause-and-Effect Diagrams
  579. Six Sigma Quality
  580. Nonfinancial Measures of Internal-Business-Process Quality
  581. Quality Training and Quality Improvement Measures
  582. Making Decisions and Evaluating Quality Performance
  583. Relevant Costs and Benefits of Quality Improvement
  584. Inventory Management
  585. Economic-Order-Quantity Decision Model
  586. When to Order, Assuming Certainty
  587. Safety Stock
  588. Estimating Inventory-Related Relevant Costs and Their Effects
  589. Conflict Between the EOQ Decision Model and Managers’ Performance Evaluation
  590. Just-in-Time Purchasing
  591. JIT Purchasing and EOQ Model Parameters
  592. Relevant Costs of JIT Purchasing
  593. Supplier Evaluation and Relevant Costs of Quality and Timely Deliveries
  594. Inventory Management, MRP, and JIT Production
  595. Materials Requirements Planning
  596. Just-in-Time (JIT) Production
  597. Features of JIT Production Systems
  598. Financial Benefits of JIT and Relevant Costs
  599. Enterprise Resource Planning (ERP) Systems4
  600. Performance Measures and Control in JIT Production
  601. Effect of JIT Systems on Product Costing
  602. Lean Accounting
  603. JIT Systems and Supply-Chain Analysis in Retailing
  604. JIT in Service Industries
  605. Time as a Competitive Tool
  606. Customer-Response Time and On-Time Performance
  607. Bottlenecks and Time Drivers
  608. Relevant Revenues and Relevant Costs of Time
  609. Time-Related Measures
  610. Problem for Self-Study
  611. Required
  612. Solution
  613. Decision Points
  614. Terms to Learn
  615. Assignment Material
  616. Questions
  617. Exercises
  618. Required
  619. Required
  620. Required
  621. Required
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  631. Problems
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  640. Required
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  645. Required
  646. Required
  647. 11 Capital Investments
  648. Learning Objectives
  649. Stages of Capital Budgeting
  650. Discounted Cash Flow
  651. Net Present Value Method
  652. Internal Rate-of-Return Method
  653. Comparison of Net Present Value and Internal Rate-of-Return Methods
  654. Sensitivity Analysis
  655. Payback Method
  656. Uniform Cash Flows
  657. Nonuniform Cash Flows
  658. Accrual Accounting Rate-of-Return Method
  659. Relevant Cash Flows in Discounted Cash Flow Analysis
  660. Relevant After-Tax Flows
  661. Categories of Cash Flows
  662. Project Management and Performance Evaluation
  663. Postinvestment Audits
  664. Performance Evaluation
  665. Strategic Considerations in Capital Budgeting
  666. Investment in Research and Development
  667. Customer Value and Capital Budgeting
  668. Problem for Self-Study
  669. Part A
  670. Required
  671. Solution
  672. Part B
  673. Solution
  674. Decision Points
  675. Appendix
  676. Capital Budgeting and Inflation
  677. Net Present Value Method and Inflation
  678. Terms to Learn
  679. Assignment Material
  680. Questions
  681. Exercises
  682. Required
  683. Required
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  693. Problems
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  702. Required
  703. Required
  704. Required
  705. Answers to Exercises in Compound Interest (Exercise 11-11)
  706. 12 Master Budget and Responsibility Accounting
  707. Learning Objectives
  708. Budgets and the Budgeting Cycle
  709. Strategic Plans and Operating Plans
  710. Budgeting Cycle and Master Budget
  711. Advantages of Budgets
  712. Coordination and Communication
  713. Framework for Judging Performance and Facilitating Learning
  714. Motivate Managers and Other Employees
  715. Challenges in Administering Budgets
  716. Developing an Operating Budget
  717. Time Coverage of Budgets
  718. Steps in Preparing an Operating Budget
  719. Financial Planning Models and Sensitivity Analysis
  720. Budgeting and Responsibility Accounting
  721. Organization Structure and Responsibility
  722. Feedback
  723. Responsibility and Controllability
  724. Human Aspects of Budgeting
  725. Budgetary Slack
  726. Stretch Targets
  727. Ethics
  728. Kaizen Budgeting
  729. Budgeting in Multinational Companies
  730. Problem for Self-Study
  731. Required
  732. Solution
  733. Decision Points
  734. Appendix
  735. The Cash Budget
  736. Preparation of Budgets
  737. Sensitivity Analysis and Cash Flows
  738. Terms to Learn
  739. Assignment Material
  740. Questions
  741. Exercises
  742. Required
  743. Required
  744. Required
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  754. Problems
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  769. 13 Flexible Budgets, Cost Variances, and Management Control
  770. Learning Objectives
  771. Static Budgets and Variances
  772. The Use of Variances
  773. Static Budgets and Static-Budget Variances
  774. Flexible Budgets
  775. Sales-Volume Variances
  776. Flexible-Budget Variances
  777. Price Variances and Efficiency Variances for Direct-Cost Inputs
  778. Obtaining Budgeted Input Prices and Budgeted Input Quantities
  779. Data for Calculating Webb’s Price Variances and Efficiency Variances
  780. Price Variances
  781. Efficiency Variance
  782. Planning Overhead Costs and Calculating Overhead Rates
  783. Planning Variable Overhead Costs
  784. Planning Fixed Overhead Costs
  785. Standard Costing
  786. Developing Budgeted Variable Overhead Rates
  787. Developing Budgeted Fixed Overhead Rates
  788. Variable Overhead Cost Variances
  789. Flexible-Budget Analysis
  790. Variable Overhead Efficiency Variance
  791. Variable Overhead Spending Variance
  792. Fixed Overhead Cost Variances
  793. Production-Volume Variance
  794. Interpreting the Production-Volume Variance
  795. Integrated Analysis of Variances
  796. Summary of Variances
  797. How Managers Use Variances
  798. Multiple Causes of Variances
  799. When to Investigate Variances
  800. Performance Measurement Using Variances
  801. Organization Learning
  802. Continuous Improvement
  803. Financial and Nonfinancial Performance Measures
  804. Cost Variances in Nonmanufacturing Settings
  805. Impact of Information Technology on Variances
  806. Problem for Self-Study
  807. Required
  808. Solution
  809. Decision Points
  810. Terms to Learn
  811. Assignment Material
  812. Questions
  813. Exercises
  814. Required
  815. Required
  816. Required
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  831. Problems
  832. Required
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  840. Required
  841. Required
  842. Required
  843. 14 Strategy, Balanced Scorecard, and Strategic Profitability Analysis
  844. Learning Objectives
  845. What Is Strategy?
  846. Building Internal Capabilities: Quality Improvement and Reengineering at Chipset
  847. Strategy Implementation and the Balanced Scorecard
  848. The Balanced Scorecard
  849. Strategy Maps and the Balanced Scorecard
  850. Strategy Maps
  851. Four Perspectives of the Balanced Scorecard
  852. Implementing a Balanced Scorecard
  853. Different Strategies Lead to Different Scorecards
  854. Features of a Good Balanced Scorecard
  855. Pitfalls in Implementing a Balanced Scorecard
  856. Evaluating the Success of Strategy and Implementation
  857. Strategic Analysis of Operating Income
  858. Growth Component of Change in Operating Income
  859. Revenue Effect of Growth
  860. Cost Effect of Growth
  861. Price-Recovery Component of Change in Operating Income
  862. Revenue Effect of Price Recovery
  863. Cost Effect of Price Recovery
  864. Productivity Component of Change in Operating Income
  865. Further Analysis of Growth, Price-Recovery, and Productivity Components
  866. Applying the Five-Step Decision-Making Framework to Strategy
  867. Downsizing and the Management of Processing Capacity
  868. Engineered and Discretionary Costs
  869. Identifying Unused Capacity for Engineered and Discretionary Overhead Costs
  870. Managing Unused Capacity
  871. Problem for Self-Study
  872. Required
  873. Solution
  874. Growth Component of Operating Income Change
  875. Price-Recovery Component of Operating-Income Change
  876. Productivity Component of Operating-Income Change
  877. Decision Points
  878. Terms to Learn
  879. Assignment Material
  880. Questions
  881. Exercises
  882. Required
  883. Required
  884. Required
  885. Required
  886. Required
  887. Required
  888. Required
  889. Required
  890. Required
  891. Required
  892. Required
  893. Required
  894. Required
  895. Problems
  896. Required
  897. Required
  898. Required
  899. Required
  900. Required
  901. Required
  902. Required
  903. Required
  904. Required
  905. Required
  906. 15 Transfer Pricing
  907. Learning Objectives
  908. Management Control Systems
  909. Formal and Informal Systems
  910. Effective Management Control
  911. Decentralization
  912. Benefits of Decentralization
  913. Costs of Decentralization
  914. Comparison of Benefits and Costs
  915. Decentralization in Multinational Companies
  916. Choices About Responsibility Centers
  917. Transfer Pricing
  918. Criteria for Evaluating Transfer Prices
  919. Calculating Transfer Prices
  920. An Illustration of Transfer Pricing
  921. Market-Based Transfer Prices
  922. Perfectly Competitive Market
  923. Distress Prices
  924. Imperfect Competition
  925. Cost-Based Transfer Prices
  926. Full-Cost Bases
  927. Variable-Cost Bases
  928. Hybrid Transfer Prices
  929. Prorating the Difference Between Maximum and Minimum Transfer Prices
  930. Negotiated Pricing
  931. Dual Pricing
  932. A General Guideline for Transfer-Pricing Situations
  933. Multinational Transfer Pricing and Tax Considerations
  934. Transfer Pricing for Tax Minimization
  935. Transfer Prices Designed for Multiple Objectives
  936. Additional Issues in Transfer Pricing: Tariffs and Customs Duties
  937. Problem for Self-Study
  938. Required
  939. Solution
  940. Decision Points
  941. Terms to Learn
  942. Assignment Material
  943. Questions
  944. Exercises
  945. Required
  946. Required
  947. Required
  948. Required
  949. Required
  950. Required
  951. Required
  952. Required
  953. Required
  954. Required
  955. Required
  956. Required
  957. Required
  958. Problems
  959. Required
  960. Required
  961. Required
  962. Required
  963. Required
  964. Required
  965. Required
  966. Required
  967. Required
  968. Required
  969. Required
  970. 16 Performance Measurement and Compensation
  971. Learning Objectives
  972. Financial and Nonfinancial Performance Measures
  973. Accounting-Based Measures for Business Units
  974. Return on Investment
  975. Residual Income
  976. Economic Value Added2
  977. Return on Sales
  978. Comparing Performance Measures
  979. Choosing the Details of the Performance Measures
  980. Alternative Time Horizons
  981. Alternative Definitions of Investment
  982. Alternative Asset Measurements
  983. Current Cost
  984. Long-Term Assets
  985. Target Levels of Performance and Feedback
  986. Choosing Target Levels of Performance
  987. Choosing the Timing of Feedback
  988. Performance Measurement in Multinational Companies
  989. Calculating the Foreign Division’s ROI in the Foreign Currency
  990. Calculating the Foreign Division’s ROI in U.S. Dollars
  991. Distinction Between Managers and Organization Units9
  992. The Basic Tradeoff: Creating Incentives versus Imposing Risk
  993. Intensity of Incentives and Financial and Nonfinancial Measurements
  994. Benchmarks and Relative Performance Evaluation
  995. Performance Measures at the Individual Activity Level
  996. Performing Multiple Tasks
  997. Team-Based Compensation Arrangements
  998. Executive Performance Measures and Compensation
  999. Strategy and Levers of Control13
  1000. Boundary Systems
  1001. Belief Systems
  1002. Interactive Control Systems
  1003. Problem for Self-Study
  1004. Required
  1005. Solution
  1006. Decision Points
  1007. Terms to Learn
  1008. Assignment Material
  1009. Questions
  1010. Exercises
  1011. Required
  1012. Required
  1013. Required
  1014. Required
  1015. Required
  1016. Required
  1017. Required
  1018. Required
  1019. Required
  1020. Required
  1021. Required
  1022. Problems
  1023. Required
  1024. Required
  1025. Required
  1026. Required
  1027. Required
  1028. Required
  1029. Required
  1030. Required
  1031. Required
  1032. Required
  1033. Required
  1034. Appendix
  1035. A Notes on Compound Interest and Interest Tables
  1036. Interest Tables
  1037. Table 1—Future Amount of $1
  1038. Table 2—Present Value of $1
  1039. Table 3—Amount of Annuity of $1
  1040. Table 4—Present Value of an Ordinary Annuity of $1
  1041. Field-Based Assignments and Experiential Learning
  1042. Introduction
  1043. Basic Preparation and General Tips for Obtaining Information
  1044. Phase I Understanding the Context
  1045. Text Chapters: 1, 2, and 3
  1046. Key Objectives
  1047. Potential Tasks
  1048. Preparation
  1049. Sources of Information
  1050. Phase II Collecting and Developing Cost Information
  1051. Text Chapters: 4, 5, 6, and 7
  1052. Key Objectives
  1053. Potential Tasks
  1054. Preparation
  1055. Sources of Information
  1056. Phase III Cost Information for Decision Making
  1057. Text Chapters: 8, 9, 10, and 11
  1058. Key Objectives
  1059. Potential Tasks
  1060. Preparation
  1061. Sources of Information
  1062. Phase IV Analysis of Strategic Costs and Management Control (all aspects may not be feasible)
  1063. Text Chapters: 12, 13, 14, 15, and 16
  1064. Key Objectives
  1065. Potential Tasks
  1066. Preparation
  1067. Sources of Information
  1068. Glossary
  1069. Index Author
  1070. A
  1071. B
  1072. C
  1073. D
  1074. E
  1075. F
  1076. G
  1077. H
  1078. I
  1079. J
  1080. K
  1081. L
  1082. M
  1083. N
  1084. O
  1085. P
  1086. R
  1087. S
  1088. T
  1089. V
  1090. W
  1091. Y
  1092. Company
  1093. A
  1094. B
  1095. C
  1096. D
  1097. E
  1098. F
  1099. G
  1100. H
  1101. I
  1102. J
  1103. K
  1104. L
  1105. M
  1106. N
  1107. O
  1108. P
  1109. Q
  1110. R
  1111. S
  1112. T
  1113. U
  1114. V
  1115. W
  1116. X
  1117. Y
  1118. Z
  1119. Subject
  1120. A
  1121. B
  1122. C
  1123. D
  1124. E
  1125. F
  1126. G
  1127. H
  1128. I
  1129. J
  1130. K
  1131. L
  1132. M
  1133. N
  1134. O
  1135. P
  1136. Q
  1137. R
  1138. S
  1139. T
  1140. U
  1141. V
  1142. W
  1143. X
  1144. Y
  1145. For Instructors
  1146. For Students