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Chapter 1 Managerial Accounting, the Business Organization, and Professional Ethics

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Chapter 1 Managerial Accounting, the Business Organization, and Professional Ethics
CHAPTER 1
COVERAGE OF LEARNING OBJECTIVES

| |FUNDA- |CRITICAL THINKING | |CASES, EXCEL, |
| |MENTAL |EXERCISES AND EXERCISES| |COLLAB., & INTERNET |
| |ASSIGN-MENT | | |EXERCISES |
| |MATERIAL | | | |
|LEARNING OBJECTIVE | | |PROBLEMS | |
|LO1: Describe the major users and uses of |A1, B1 |33 |39, 40, 42 |55 |
|accounting information. | | | | |
|LO2: Explain why ethics is important to management|A3 |37, 38 |47, 49, 40 |51, 55 |
|accountants. | | | | |
|LO3: Describe the cost-benefit and behavioral | | |41, 43 | |
|issues involved in designing an accounting system.| | | | |
|LO4: Explain the role of budgets and performance |A2, B2 |32 |45 |53 |
|reports in planning and control. | | | | |
|LO5: Discuss the role accountants play in

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