Cost Management Strategies For Business Decisions 4th Edition
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Cost Management Strategies for Business Decisions 4th Edition by Hilton Overview Hilton/Maher/Selto (HMS) is for instructors who want to teach students to manage costs and not just account for costs. HMS maintains that, “Costs don’t just happen,” and with a pro-active approach toward costs, managers who understand cost implications as well as accountants can add value to an organization. Hilton, Maher, Selto focuses on having students learn to make decisions by the use of Cost Management Challenges in the chapter opener, “You’re the Decision Maker” boxes throughout each chapter, and the “You’re the Decision Maker” simulation on the text website. (Source: ) Editorial Reviews About the Author A Professor of Accounting at Cornell University, Professor Hilton teaches in the areas of managerial accounting and cost management systems. With bachelor’s and master’s degrees in accounting from The Pennsylvania State University, he received his Ph.D. From The Ohio State University.
A Cornell faculty member since 1977, Professor Hilton also has taught accounting at Ohio State and the University of Florida, where he held the position of Walter J. Matherly Professor of Accounting. Prior to pursuing his doctoral studies, Hilton worked for Peat, Marwick, Mitchell and Company and served as an officer in the United States Air Force. Professor Hilton is a member of the Institute of Management Accountants and has been active in the American Accounting Association.
He has served as associate editor of The Accounting Review and as a member of its editorial board. Hilton also has served on the editorial board of the Journal of Management Accounting Research. He has been a member of the resident faculties of both the Doctoral Consortium and the New Faculty Consortium sponsored by the American Accounting Association. With wide-ranging research interests, Hilton has published articles in many -journals, including the Journal of Accounting Research, The Accounting Review, -Management Science, Decision Sciences, The Journal of Economic Behavior and Organization, Contemporary Accounting Research, and the Journal of Mathematical Psychology. Author of Managerial Accounting, he also has published a monograph in the AAA Studies in Accounting Research series, is a co-author of Budgeting: Profit Planning and Control, and is a co-author of Cost Accounting: Concepts and Mana-ge-rial Applications. Professor Hilton’s current research interests focus on contemporary cost management systems and international issues in managerial accounting.
In recent years, he has toured manufacturing facilities and consulted with practicing managerial accountants in North America, Europe, Asia, and Australia. (Source: ) A Professor of Management at the University of California-Davis, Professor Maher previously taught at the University of Michigan, the University of Chicago, and the University of Washington.
Cost Management: Strategies for Business Decisions [Ronald Hilton, Michael Maher, Frank Selto] on Amazon.com. *FREE* shipping on qualifying offers. Cost Management Strategies for Business Decisions Selto Maher Hilton 4th Edition Solutions Manual Click here to download the solutions manual / test bank INSTANTLY!!! Download Font Ttf Android S60v2 here.
He also worked on the audit staff at Arthur Andersen & Co. And was a self-employed financial consultant for small -businesses. He received his BBA from Gonzaga University (which named him Distinguished Alumnus in 1989), and his MBA and Ph.D.
From the University of Washington, and earned the CPA from the state of Washington. Professor Maher is president of the Management Accounting Section of the American Accounting Association, and has served on the editorial boards of The Accounting Review, Accounting Horizons, Journal of Management Accounting Research, and Management Accounting. Co-author of two leading textbooks, Principles of Accounting and Managerial Accounting, Maher has co-authored several additional books and monographs, including Internal Controls in U.S. Corporations and Management Incentive Compensation Plans, and published articles in many journals, including Management Accounting, The Journal of Accountancy, The Accounting Review, The Journal of Accounting Research, Financial Executive, and The Wall Street Journal.
For his research on internal controls, Maher was awarded the American Accounting Association’s Competitive Manuscript Award and the AICPA Notable Contribution to Literature Award. He has also received the award for the Outstanding Tax Manuscript, and from the students at the University of California’s Graduate School of Management, he has received the Annual Outstanding Teacher Award three times and a special award for outstanding service twice (Source: ) Professor Selto has been on the faculty at the University of Colorado at Boulder since 1985, where he has taught accounting at the undergraduate and graduate levels and served as Division Chair of Accounting and Information Systems. Recently appointed as a Research Fellow of the University of Melbourne, Selto has taught at the University of Denver, the University of Colorado at Denver, and the University of Washington. Professor Selto holds MBA and Ph.D. Degrees in accounting from the University of Washington, and BS and MS degrees in mechanical engineering, from Gonzaga University and the University of Utah, respectively.
Prior to earning his MBA and Ph. Durga Software Solutions Notes On A Scandal Movie. D. Degrees, he worked as a mechanical engineer and served as an officer in the US Army Corps of Engineers. Active in the American Accounting Association and its Management Accounting Section, Selto was the editor of the Education Research section of The Accounting Review and has served on the editorial boards of The Accounting Review, Journal of Management Accounting Research, Management Accounting Research, and Accounting Horizons. A researcher of management accounting and management control, Selto has published articles in Journal of Accounting Research, Accounting, Organizations and Society, Journal of Cost Management and Journal of Management Accounting Research, one of which was recognized as a Notable Contribution to the Management Accounting Literature.
(Source: ) Test Bank is a collection of every question and answer your Instructor could possibly use when creating an exam or a quiz for your course. Test Banks usually contain true and false questions, essay questions, multiple choice questions, short answer questions and matching questions. Test Banks will definitely assist you in passing your quizzes, midterm exams and final exams. Other terms for the Test Bank are textbook exam questions, textbook test questions, test questions, exam questions, exam bank, exam book, exam questions, past papers and TB.
The Sample Test Bank for Cost Management Strategies for Business Decisions 4th Edition by Hilton includes 32 Multiple Choice Questions in 1 sections. As the cost accountant, which single note to the above financial results is most appropriate in the report to management? The departmental manager is performing to expectations because budgeted income equals actual income • b.
Revenues are above budget and a bonus based on this increase should be considered • C. Costs as a percentage of revenues are above budget and a further scrutiny of the results might be appropriate • d. Costs are 17.5% above budget and the department manager`s position should be critically evaluated by senior management. If the budget were based on the sale of 13,000 sandwiches at $2.00 each and the actual results reflect the sale of 13,000 sandwiches, identify the most appropriate conclusion in the report to management • a. If costs as a percentage of revenues had remained at the budgeted level, net income would have declined • b. If costs as a percentage of revenues remain at the actual level any increase in revenues would probably be matched by a decrease in departmental net income • C. If costs as a percentage of revenues had remained at the budgeted level, net income would be $492 above budget • d.
If costs as a percentage of revenues had remained at the budgeted levels, net income would be $4,000 above budget. The extended value chain: • a. Is a set of linked operations or processes that begins with obtaining resources and ends with providing products or services that customers value • b. Is a related set of tasks, manual or automated, that transforms inputs into identifiable outputs • C. Encompasses how companies obtain their resources and distribute their products and services, possibly using the services of other organizations • d. Is a technique for identifying opportunities for improvement and measuring the effects of proposed improvements by comparing both the costs and benefits of a proposal. Maria Kadison, Controller at Robbins Corporation, became aware that Robbins is in talks with Hallion Company for a friendly merger.
Maria discloses this information to her immediate family. No member of Maria's family purchases either Robbins' or Hallion's stock before the merger.
Which of the following is True? Maria has violated the ethical standard of integrity • B. Maria has violated the ethical standard of confidentiality • c. Maria has not violated any ethical standards because the disclosure was made only to her immediate family • d.
Maria has not violated any ethical standards because her immediate family did not profit from the information that she disclosed. If you are an owner or run business as publisher of Test Bank for Cost Management Strategies for Business Decisions 4th Edition by Hilton and would like to be listed on our site, we would love to have you! Feel free to email us at with your sample test bank and book information so that we can get you in front of potential students. Or if you wouldn’t like your sample textbook test bank and your book’s introduction to be listed on our site any more, kindly provide us the document that prove you are owner of the book and sample test bank. And then it will be removed in 72 working hours.