Cost Management Strategies for Business Decisions Hilton 4th Edition Test Bank

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Product details:

  • ISBN-10 ‏ : ‎ 0072830085
  • ISBN-13 ‏ : ‎ 978-0072830088
  • Author: Hilton; Maher

Hilton/Maher/Selto (HMS) addresses traditional cost concepts, but makes cost accounting functional by focusing on measuring and managing costs. HMS maintains that, “Costs don’t just happen,” and with a pro-active approach toward costs, accountants can add value to an organization. The real-world approach of this text, including the use of focus companies and the accompanying focus sites, provides a realistic business environment, and aids in student comprehension and interest in the subject.

Table Of Contents:

PART 1: Setting the Strategic Foundation: The Importance of Analysing and Managing Costs
Cost Management and Strategic Decision Making: Evaluating Opportunities and Leading Change
Product Costing Concepts and Systems
Cost estimation

PART 2: Activity-Based Management
Activity-Based Costing Systems
Customer Profitability and Activity-Based Management
Managing Quality and Time to Create Value

PART 3: Planning and Decision Making
Cost Management and Short-Term Decision Making
Strategic Investment Decisions
Budgeting and Financial Planning

PART 4: Product Costing and Cost Allocation
Job and Order Costing
Joint Product and Process Cost Systems
Managing and Allocating Support Service Costs

PART 5: Performance Measurement and Management
Analysis and Management of Cost Variances
Organizational Design, Responsibility Accounting and Evaluation of Divisional Performance
Transfer Pricing
Strategy, Balanced Scorecards, and Incentive Systems

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