ACC 349 Week 1

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ACC 349 Week 1

Individual Assignments Ch. 1

Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making:

Exercise E1-7

Ethics Case BYP 1-7

Discussion Questions

There are some key differences between financial and managerial accounting. How do these differences impact the type of information that must be gathered and reported?

What are the differences between job-cost and process cost systems? Give some examples of when it would be appropriate to use each type of system.

There are differences between a direct cost and an indirect cost. Which is more difficult to track? Why?

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