Budgeting and Decision Making
Publisher: Bookboon.com
Published: 2013
ISBN-13: 9788776814922
Table of contents: title: Sisältö; title: Part.1 Budgeting: Planning for Success; title: Importance of Budgets; title: Forms and Functions; title: Avoiding Business Chaos; title: An Electrifying Case in Budgeting; title: Recapping Benefits of Budgeting; title: Budget Processes and Human Behavior; title: Budget Construction; title: Mandated Budgets; title: Participative Budgets; title: Blended Approach; title: Organizational Structure Considerations; title: Flattening the Organization Chart; title: Budget Estimation; title: Slack and Padding; title: Zero-Based Budgeting; title: The Impossible Budget and Employee Capitulation; title: Ethical Challenges in Budgeting; title: Components of the Budget; title: Sales Budget; title: Production Budget; title: Direct Material Purchases Budget; title: Direct Labor Budget; title: Factory Overhead Budget; title: Selling and Administrative Expense Budget; title: Cash Budget; title: Budgeted Income Statement and Balance Sheet; title: External Use Documents; title: Performance Appraisal; title: Budget Periods and Adjustments; title: Continuous Budgets; title: Flexible Budgets; title: Encumbrances; title: Part. 2 Tools for Enterprise Performance Evaluation; title: Responsibility Accounting and Management by Exception; title: Centralized Versus Decentralized Decision-Making; title: Responsibility Centers; title: Cost Center; title: Profit Center; title: Investment Center; title: Affixing Responsibility; title: Responsibility Center Reports; title: The Power of a Data Base System; title: Traceable Versus Common Fixed Costs; title: Management by Expansion; title: Flexible Budgets; title: Flexible Budget for Performance Evaluations; title: Flexible Budgets for Planning; title: Flexible Budgets and Efficiency of Operation; title: Standard Costs; title: Setting Standards; title: Philosophy of Standards; title: The Downside of the Standards; title: Variance Analysis; title: Variances Relating to Direct Materials; title: An Illustration of Direct Material Variance Calculations; title: Journal Entries for Direct Material Variances; title: When Purchases Differ From Usage; title: Variances Relating to Direct Labor; title: An Illustration of Direct Labor Variance Calculations; title: Journal Entries for Direct Labor Variances; title: Factory Overhead Variances; title: Variable Versus Fixed Overhead; title: Variances Relating to Variable Factory Overhead; title: Exploring Variable Overhead Variances; title: An Illustration of Variable Overhead Variances; title: Journal Entry for Variable Overhead Variances; title: Careful Interpretation of Variable Overhead Variances; title: Variances Relating to Fixed Factory Overhead; title: An Illustration of Fixed Overhead Variances; title: Journal Entry for Fixed Overhead Variances; title: Recapping Standards and Variances; title: Examining Variances; title: Balanced Scorecard Approach to Performance Evaluation; title: The Balance Scorecard in Operation; title: Part.3 Reporting Techniques in Support of Managerial Decision Making; title: Variable Versus Absorption Costing; title: Absorption Costing; title: Variable Costing; title: Variable Costing in Action; title: A Double-Edge Sword; title: Avoiding a Downward Spiral; title: Confused?; title: An In-Depth Comparison of Variable Costing and Absorption Costing Income Statements; title: The Impact of Inventory Fluctuations; title: Segment Reporting; title: Internal Reporting of Segment Data; title: The Problem of Segment Income Measurement; title: Contribution Income Statement Format; title: External Reporting of Segment Data; title: Measures of Residual Income; title: Keeping Residual Income in Perspective; title: Concepts in Allocating Service Department Costs; title: The Direct Method of Allocating Service Department Cost; title: The Step Method of Allocating Service Department Cost; title: Multiple Steps and Simultaneous Allocations; title: Leveraging the Power of Modern Information Systems; title: Line Item Versus Object of Expenditure; title: Business Dashboard; title: Part 4. Analytics for Managerial Decision Making; title: Cost Characteristics and Decision-Making Ramifications; title: Sunk Costs Versus Relevant Costs; title: A Basic Illustration of Relevant Cost/Benefit Analysis; title: Complicating Factors; title: Business Decision Logic; title: Outsourcing; title: Outsourcing Illustration; title: Capacity Considerations in Outsourcing; title: Illustration of Capacity Considerations; title: Qualitative Issues in Outsourcing; title: Special Orders; title: Capacity Constraints and the Impact on Special Order Pricing; title: Discontinuing a Product, Department, or Project; title: The 80/20 Concept; title: Capital Expenditure Decisions; title: Management Stewardship; title: Logic and Justification of Capital Decisions; title: Compound Interest and Present Value; title: Compound Interest; title: Future Value of Annuities; title: Future Value of an Annuity Due; title: Future Value of an Ordinary Annuity; title: Present Value; title: Present Value of an Annuity Due; title: Present Value of an Ordinary Annuity; title: Electronic Spreadsheet Functions; title: Challenge Your Thinking; title: Evaluation of Long-Term Projects; title: Net Present Value; title: Impact of Changes in Interest Rates; title: Emphasis on After Tax Cash Flows; title: Accounting Rate of Return; title: Internal Rate of Return; title: Payback Method; title: Conclusion; title: Appendix