Managerial Accounting 6e - Chapter 1 Solutions - 5994 Words

Chapter 1 Managerial Accounting: Tools for Decision Making Discussion QUESTIONS Q1-1. Financial accounting is oriented toward external users and is concerned with general-purpose financial statements. These financial accounting statements are highly aggregated, report on relatively long time periods, are oriented toward the past, and must conform to external standards. These standards emphasize the use of objective data. Management accounting is oriented toward internal users and is concerned with special-purpose information. This information may be aggregated or disaggregated, depending on need, and the reporting period may be long or short, depending on need. The information is oriented primarily toward the future and does†¦show more content†¦3. Activity cost drivers are specific units of work (activities) performed to serve customers’ needs that consume costly resources. Q1-10. Activities consume resources that cost money. Q1-11. Top management can help to set an ethical tone in the organization by ensuring that the company has a code of ethics and demonstrating its support for the code, but more importantly by leading the organization with ethical behavior. Q1-12. Many ethical dilemmas involve actions that are perceived to have desirable short-run consequences and highly probable undesirable long-run consequences. The ethical action is to face an undesirable situation now to avoid a worse situation later. Yet, the decision maker may prefer to believe that things will work out in the long run, be overly concerned with the consequences of not doing well in the short run, or simply not care about the future because the problem will then belong to someone else. MINI EXERCISES M1-13. 1. l 2. n 3. o 4. e 5. b 6. i 7. c 8. f 9. a 10. d 11. g 12. h 13. j 14. k 15. m M1-14. a. Management accounting b. Financial accounting c. Financial accounting d. Management accounting e. Management accounting f. Management accounting g. Financial accounting h. Financial accounting i. Financial accounting j. Management accounting k. Management accounting l. Financial accounting M1-15. a. Strategy b. Mission c. Mission d. Mission e. Goal f. Strategy g. Goal h. Strategy i.Show MoreRelatedWeek 3 Acct25221194 Words   |  5 PagesACCT2522 Management Accounting 1 Session 1, 2013 Tutorial Week 3 – Cost basics Overall Theme We will explore fundamental assumptions of cost functions and discuss the relationships between cost behaviour, cost estimation and cost prediction. The concept of cost driver analysis and its application to cost estimation and cost management will also be discussed. We will also describe how to estimate cost behaviour using managerial judgment, engineering methods and other quantitative techniques. 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Contact us: smtbportal@gmail.com smtbportal(at)gmail(dot)com 2010 Corporate Partnership Estate and Gift Tax with HR Block TaxCut 4e Pratt Kulsrud Solution Manual 2010 Corporate Partnership Estate and Gift Tax with HR Block TaxCut 4e Pratt Kulsrud Test Bank 2010 Federal Taxation with HR Block TaxCut 4e Pratt Kulsrud Solution Manual Read MoreEvaluation Research Design Literature19283 Words   |  78 Pages253 Chapter 6 Evaluation Research Design: Literature Reviews Synthesis Frequently a research question or hypothesis can be answered through secondary research, i.e., a literature review or synthesis. Both strategies requires the researcher to mine existing data sources; ―pull outâ€â€" relevant data or information; summarize it; logically analyze and/or statistically treat it; and report results. 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An Outsider s Perspective On An Alcoholics Anonymous...

An Outsider’s Perspective on an Alcoholics Anonymous Meeting I was given this assignment to do as an observation on an Alcoholics Anonymous Meeting and had to write a paper on what I have observed. I did not know if I could do this without feeling self-indulgence toward the members. After speaking to a member, I could not believe the sensation of listening to that person’s short history of battling Alcoholism. I m glad to be there to learn their negative and positive outcomes in their lives. Group Information I attended a meeting of Alcoholics Anonymous (AA) consisted of men and women in a group related to their own environment. This is an open meeting to the public at Awakening Serenity Club on the corner of Dracaea Avenue in Moreno Valley on September 30th at 7:00 p.m. It s a place where most students would not likely come to because there are no street lights; it s very dark at night. I felt the presence of uneasiness in my stomach existing from this environment. I did not know what the expectation was to be expected at this meeting. Regardless of that, I arrived a little early and saw a group of people socializing outside and smoking in the entry way of the Club. I proceeded to walk through the group of people; they said hello to me, and it made me feel at ease. As I entered into the Club there was a strong odor of cigarette smoke in the air that shortened my breath. I observed the surrounding room and noticed it is a square shape room with a big square table toShow MoreRelatedSociol ogy and Group41984 Words   |  168 Pagesclear goal. . According to your textbook, a group s context refers to a. the type and size of the group. b. the group s physical and psychological setting. c. the group s purpose, history, and status. d. the characteristics of and relationships among group members. e. all of the above. Answer: e. all of the above. . 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Essay On Analytical Chemistry Example For Students

Essay On Analytical Chemistry Analytical ChemistryAnalytical Chemistry is the branch of chemistry principally concernedwith determining the chemical composition of materials, which may be solids,liquids, gases, pure elements, compounds, or complex mixtures. In addition,chemical analysis can characterize materials but determining their molecularstructures and measuring such physical properties as pH, color, and solubility. Wet analysis involves the studying of substances that have been submerged in asolution and microanalysis uses substances in very small amounts. Qualitative chemical analysis is used to detect and identify one or moreconstituents of a sample. This process involves a wide variety of tests. Ideally, the tests should be simple, direct, and easily performed with availableinstruments and chemicals. Test results may be an instrument reading, andobservation of a physical property, or a chemical reaction. Reactions used inqualitative analysis may attempt to cause a characteristic color, odor,precipitate, or gas appear. Identification of an unknown substance isaccomplished when a known one is found with identical properties. If none isfound, the uknown substance must be a newly identified chemical. Tests shouldnot use up excessive amounts of a material to be identified. Most chemicalmethods of qualitative analysis require a very small amount of the sample. Advance instrumental techniques often use less than one millionth of a gram. Anexample of this is mass spectrometry. Quantitative chemical analysis is used to determine the amounts ofconstituents. Most work in analytical chemistry is quantitative. It is alsothe most difficult. In principle the analysis is simple. One measures theamount of sample. In practice, however, the analysis is often complicated byinterferences among sample constituents and chemical separations are necessaryto isolate tthe analyte or remove interfering constituents. The choice of method depends on a number of factors: Speed, Cost,Accuracy, Convenience, Available equipment, Number of samples, Size of sample,Nature of sample, and Expected concentration. Because these factors areinterrelated any final choice of analytical method involves compromises and itis impossible to specify a single best method to carry out a given analysis inall laboratories under all conditions. Since analyses are carried out undersmall amounts one must be careful when dealing with heterogeneous materials. Carefullly designed sampling techniques must be used to obtan representativesamples. Preparing solid samples for analysis usually involves grinding to reduceparticle size and ensure homogeneity and drying. Solid samples are weighedusing an accurate analytical balance. Liquid or gaseous samples are measureedby volume using accurately calibrated glassware or flowmeters. Many, but notall, analyses are carried out on solutions of the sample. Solid samples thatare insoluble in water must be treated chemically to dissolve them without anyloss of analyte. Dissolving intractable substances such as ores, plastics, oranimal tisure is sometimes extremely difficult and time consuming. A most demanding step in many analytical procedures is isolating theanalyte or separating from it those sample constituents that otherwise wouldinterfere with its measurement. Most of the chemical and physical properties onwhich the final measurement rests are not specific. Consequently, a variety ofseparation methods have been developed to cope with the interference problem. Some common separation methods are precipitation, distillation, extraction intoan immiscible solvent, and various chromatography procedures. Loss of analyteduring separation procedures must be guarded against. The purpose of allearlier steps in an analysis is to make the final measurement a true indicationof the quantity of analyte in the sample. Many types of final measurement arepossible, including gravimetric and volumetric analysis. Modern analysis usessophisticated instruments to measure a wide variety of optical, electrochemical,and other physical properties of the analyte. .u8c6d59d8579df84be4e6e5166607a978 , .u8c6d59d8579df84be4e6e5166607a978 .postImageUrl , .u8c6d59d8579df84be4e6e5166607a978 .centered-text-area { min-height: 80px; position: relative; } .u8c6d59d8579df84be4e6e5166607a978 , .u8c6d59d8579df84be4e6e5166607a978:hover , .u8c6d59d8579df84be4e6e5166607a978:visited , .u8c6d59d8579df84be4e6e5166607a978:active { border:0!important; } .u8c6d59d8579df84be4e6e5166607a978 .clearfix:after { content: ""; display: table; clear: both; } .u8c6d59d8579df84be4e6e5166607a978 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8c6d59d8579df84be4e6e5166607a978:active , .u8c6d59d8579df84be4e6e5166607a978:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8c6d59d8579df84be4e6e5166607a978 .centered-text-area { width: 100%; position: relative ; } .u8c6d59d8579df84be4e6e5166607a978 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8c6d59d8579df84be4e6e5166607a978 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8c6d59d8579df84be4e6e5166607a978 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8c6d59d8579df84be4e6e5166607a978:hover .ctaButton { background-color: #34495E!important; } .u8c6d59d8579df84be4e6e5166607a978 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8c6d59d8579df84be4e6e5166607a978 .u8c6d59d8579df84be4e6e5166607a978-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8c6d59d8579df84be4e6e5166607a978:after { content: ""; display: block; clear: both; } READ: Maya Angelou Short Bio (Team Harmony Requirement) EssayMethods of chemical analysis are frequently classified as classical andinstrumental, depending on the techniques and equipment used. Many of themethods currently used are of relatively recent origin and employ sophisticatedinstruments to measure physical properties of molecules, atoms, and ions. Suchinstruments have been made possible by spectacular advances in electronics,including computer and microprocessor development. Instrumental measurementscan sometimes be carried out without separating the constituents of interestfrom the rest of the sample, but often the instrumental measurement is the finalstep following sep aration of the sampless components, frequently by means ofone or another type of chromatography. One of the best instrumental method is various types of spectroscopy. All materials absorb or emit electromagnetic radiation to varying extents,depending of their electronic structure. Therefore, studies of theelectromagnetic spectrum of a material yield scientific information. Manyspectroscopic methods are based upon the exposure of a sample substance toelectromagnetic radiation. Measurements are then made of how the intensity ofradiation absorbed, emitted,