Managerial Accounting Creating Value in a Dynamic Business Environment 11th edition By Hilton – Test Bank

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  Resource Type: Test bank

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If you are looking to delve into the world of managerial accounting, the Managerial Accounting Creating Value in a Dynamic Business Environment 11th Edition By Hilton test bank can be a valuable resource. This test bank provides valuable insights and tools to help students understand and apply accounting information to effectively manage a business.

  • ISBN-10 ‏ : ‎125956956X
  • ISBN-13 ‏ : ‎978-1259569562

The Managerial Accounting, 11th edition places a strong emphasis on educating college students on how to utilize accounting information to effectively manage a corporation. Each chapter is structured around a realistic business or focus company that serves as a guiding framework for the topics discussed. With a balanced mix of examples from Service, Retail, Nonprofit, and Manufacturing sectors, Hilton/Platt presents the content in a clear and engaging writing style that resonates with both instructors and students.

Noteworthy features of this edition include coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing. Additionally, traditional topics like job-order costing, budgeting, and performance analysis are also covered, providing a comprehensive view of managerial accounting concepts.

About the Author

Ronald W. Hilton, the author of this book, is a Professor of Accounting at Cornell University. He holds bachelor’s and master’s degrees in accounting from The Pennsylvania State University and earned his Ph.D. from The Ohio State University.

FAQs

What is Managerial Accounting?

Managerial accounting involves utilizing financial information to make informed business decisions and manage the internal operations of a company. It focuses on providing insights for planning, controlling, and decision-making within an organization.

What are some key topics covered in Managerial Accounting?

Some key topics covered in managerial accounting include cost behavior, budgeting, performance analysis, variance analysis, pricing strategies, and decision-making tools such as cost-volume-profit analysis and relevant costing.

How can Managerial Accounting benefit students and professionals?

Studying managerial accounting can help students and professionals gain a deeper understanding of how financial information can be used to improve decision-making, drive efficiency, and enhance performance within organizations. It equips individuals with valuable skills for strategic planning and management.

Conclusion

The Managerial Accounting Creating Value in a Dynamic Business Environment 11th Edition By Hilton test bank is a comprehensive resource that offers a blend of theoretical concepts and practical applications in the field of managerial accounting. By focusing on real-world examples and contemporary topics, this test bank equips students with the knowledge and skills needed to succeed in managing and analyzing financial information within organizations. Ronald W. Hilton’s expertise in the subject further enhances the credibility of this resource, making it a valuable asset for students, instructors, and professionals in the accounting field.

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