Transcription of Accounting Principles 8th Edition - MCCC
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Accounting Principles 8th Edition - MCCC
Page 1-1 Page 1-2 Managerial AccountingManagerial AccountingFifth EditionWeygandt Kimmel KiesoPage 1-3study the distinguishing features of managerial the three broad functions of the three classes of manufacturing between product and period the difference between a merchandising and a manufacturing income how cost of goods manufactured is the difference between a merchandising and a manufacturing balance trends in managerial 1-4 Page 1-5 Managerial Accounting BasicsManagerial Accounting , also called management Accounting , is a field of Accounting that provides economic and financial information for managers and other internal Accounting applies to all types of businesses. Corporations Proprietorships Partnerships Not-for-profitPage 1-6 Managerial Accounting manufacturing and nonmanufacturing costs and how they are reported in the financial statements.
(Chapter 7) 5. Determining prices for external and internal transactions. (Chapter 8) 6. Assisting management in profit planning and formalizing these plans in the form of budgets. (Chapter 9) Managerial Accounting Basics Managerial Accounting Activities
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