Includes index.

Contents: Focus on decision making -- Managerial accounting and the business organization -- Introduction to cost behavior and cost-volume relationships -- Measurement of cost behavior -- Cost management systems and activity-based costing -- Relevant information decision making: marketing decisions -- Relevant information and decision making production decision making: production decisions -- Accounting for planning and control -- The Master budget -- Flexible budgets and variance analysis -- Management control systems and responsibility accounting -- Management control in decentralized organizations -- Capital budgeting -- Product costing -- Cost allocation and activity-based costing -- Job-costing systems -- Overhead application: variable and absorption -- Basic financial accounting -- Basic accounting: concepts, techniques, and conventions -- Understanding corporate annual reports: basic financial statements -- More on understanding corporate annual reports -- Difficulties in measuring net income.