Managerial Accounting(1st Edition)

Authors:

Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips

managerial accounting 1st edition stacey whitecottonrobert libbyrobert libby, patricia libbyrobert libby,
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Cover Type: Hardcover
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Book details

ISBN: 0078110777, 9780078110771

Book publisher: McGraw-Hill/Irwin

Book Price $0 : Managerial Accounting by Stacey Whitecotton, Robert Libby, Patricia Libby, and Fred Phillips is a comprehensive introductory textbook that is fundamental for understanding the strategic decisions that are crucial within businesses. The book delves into the managerial decision-making processes using concepts such as cost behavior, budgeting, and performance evaluation. At its core, the book emphasizes the role of managerial accounting in providing economic data that helps managers plan and control organizational operations. Readers will find a detailed solution manual that complements the book by offering detailed explanations and practical examples, ensuring that readers can apply theories effortlessly. The answer key provided is an invaluable tool for students to verify their understanding and mastery of complex topics such as variance analysis and cost allocation. Moreover, the table of content neatly organizes chapters on planning, controlling, and decision-making, making it easier for students to navigate crucial managerial topics. Throughout its content, the book presents concepts such as financial ratios, inventory management, and operational budgeting, effectively integrating real-world business scenarios to enhance learning. The incorporation of technology in developing flexible budgets and standard cost systems is also discussed to reflect the current trends in managerial practices. This textbook has been positively received for its clear explanations, practical examples, and its ability to bridge theory and practice, making it a preferred choice in many academic settings.