Managerial Accounting Creating Value in a Dynamic Business Environment 13th Edition By Ronald Hilton
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Looking for a comprehensive study resource for “Managerial Accounting Creating Value in a Dynamic Business Environment”? Dive into the 13th edition by Ronald Hilton, a trusted academic authority in the field of managerial accounting. This edition is meticulously crafted to help students utilize accounting information effectively in managing organizations.
ISBN10: 1264100698
ISBN13: 9781264100699
**Product Description:**
The 13th edition of *Managerial Accounting Creating Value in a Dynamic Business Environment* prioritizes educating students on leveraging accounting data for optimal organizational management. Ronald Hilton’s approach, continued from the first edition, revolves around practical businesses or focus companies that assist readers in understanding each chapter’s topics. Incorporating diverse examples from Service, Retail, Nonprofit, and Manufacturing sectors, Hilton/Platt presents a clear, engaging writing style applauded by both instructors and students. This edition delves into contemporary subjects like activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing, alongside traditional topics such as job-order costing, budgeting, and performance evaluation.
**Table of Contents:**
– Chapter 1: The Changing Role of Managerial Accounting in a Dynamic Business Environment
– Chapter 2: Basic Value Management Concepts
– Chapter 3: Product Costing and Cost Accumulation in a Batch Manufacturing Environment
– Chapter 4: Process Costing and Hybrid Product-Costing Systems
– Chapter 5: Activity-Based Costing and Management
– Chapter 6: Activity Analysis, Cost Behavior, and Cost Estimation
– Chapter 7: Cost-Volume-Profit Analysis
– Chapter 8: Variable Costing and the Measurement of ESG and Quality Costs
– Chapter 9: Financial Planning and Analysis: The Master Budget
– Chapter 10: Standard Costing and Analysis of Direct Costs
– Chapter 11: Flexible Budgeting and Overhead Management
– Chapter 12: Responsibility Accounting and the Balanced Scorecard
– Chapter 13: Investment Centers and Transfer Pricing
– Chapter 14: Decision Making: Relevant Costs and Benefits
– Chapter 15: Target Costing and Pricing Decisions
– Chapter 16: Capital Expenditure Decisions
– Chapter 17: Allocation of Support Activity Costs and Joint Costs
**Appendices:**
– Appendix I: The Sarbanes-Oxley Act, Internal Controls, and Management Accounting
– Appendix II: Compound Interest and the Concept of Present Value
– Appendix III: Inventory Management
**References for “In Their Own Words”**
**Glossary**
**Index of Companies and Organizations**
**Index of Topics**
**FAQs (Frequently Asked Questions)**
1. Is this test bank suitable for the 13th edition of “Managerial Accounting Creating Value in a Dynamic Business Environment” by Ronald Hilton?
– Yes, this test bank is tailored specifically for the 13th edition of the textbook.
2. Are the solutions included in this test bank?
– Yes, this test bank includes solutions manuals to aid in your understanding and preparation.
3. How can I access the test bank once I make a purchase?
– Upon purchase, you will receive instant access to download the test bank in the format of your choice.
**Conclusion:**
The 13th edition of *Managerial Accounting Creating Value in a Dynamic Business Environment* by Ronald Hilton equips students with essential knowledge and practical insights to harness accounting information for effective organizational management. With a focus on contemporary topics and diverse industry examples, this edition is a valuable resource for students aspiring to excel in managerial accounting.
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