tailieunhanh - Ebook Managerial accounting (10th edition): Part 2

(BQ) Part 2 book "Managerial accounting" has contents: Differential analysis and product pricing, performance evaluation for decentralized operations, financial statement analysis, statement of cash flows, cost management for just in time environments,.and other contents. | C H A P T E R © INDIANHEAD MOUNTAIN SKI RESORT/PRNEWSFOTO [AP TOPIC GALLERY] Performance Evaluation for Decentralized Operations K 2 H S P O R T S ave you ever wondered why large retail stores like Wal-Mart, The Home Depot, and Sports Authority are divided into departments? Dividing into departments allows retailers to provide products and expertise in specialized areas, while offering a broad line of products. Departments also allow companies to assign responsibility for financial performance. This information can be used to make product decisions, evaluate operations, and guide company strategy. Strong performance in a department might be attributed to a good department manager, who might be rewarded with a promotion. Poor departmental performance might lead to a change in the mix of products that the department sells. Like retailers, most businesses organize into operational units, such as divisions and departments. For example, K2 Sports, a leading maker of athletic and outdoor equipment, manages its business across four primary business segments: Marine and Outdoor, Action Sports, Team Sports, and Footwear and Apparel. These segments are further divided into product lines, such as K2 skis, Rawlings athletic equipment, Marmot outdoor products, and WGP Paintball. Managers are responsible for running the operations of their segment of the business. Each segment is evaluated based on operating profit, and this information is used to plan and control K2’s operations. In this chapter, the role of accounting in assisting managers in planning and controlling organizational units, such as departments, divisions, and stores, is described and illustrated. 8 318 Chapter 8 Performance Evaluation for Decentralized Operations After studying this chapter, you should be able to: 1 Describe the advantages and disadvantages of decentralized operations. Centralized and Decentralized Operations Advantages of Decentralization 2 3 Prepare .

• Kế toán - Kiểm toán
• Managerial accounting
• Decentralized operations
• Product pricing
• Differential analysis
• Performance evaluation
• Statement of cash flows
• Managerial accounting for managers
• Lecture Managerial accounting
• Profitability analysis
• Decision making
• Operations management majors
• Nonmanufacturing costs
• Classifications of costs
• Kế toán quản trị
• Managerial accounting information
• General cost classifi cations
• Product costs
• Process costing
• Standard costing systems
• Accounting information
• Managerial decision
• Process management
• Financial statement
• Cost concepts
• Managerial accounting basics
• Managerial cost
• Period costs
• Lecture Financial and managerial accounting
• Financial statements
• Managerial decisions
• Financial accounting
• Dynamic business environment
• Reporting manufacturing activities
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Relevant costing
• Accounting activities
• Business activities
• Income statement
• Accounting cycle
• Accounting for merchandising operations
• Merchandising operations
• Capital budgeting decisions
• Time value of money
• Income taxes
• After tax cost