Includes index.

Contents: Managerial accounting and the business environment -- An Introduction to managerial accounting and cost concepts -- Appendix 1A: Cost of quality -- Systems design: job-order costing -- System design: activity-based costing -- System design process costing -- Cost behavior: analysis and use -- Cost-volume-profit relationships -- Profit planning -- Standard costs -- Appendix 8A: General ledger entries to record variances -- Flexible budgets and overhead analysis -- Decentralization -- Relevant costs for decision-making -- Capital budgeting decisions -- Appendix 12A: The Concept of present value -- Appendix 12B: Future value and present value tables -- ''How well am i doing?'' statement of cash flows -- The Direct method of determining the ''net cash provided by operating activities -- Appendix 13B: The T-Account approach to preparing the statement of cash flows -- ''How well am i doing?'' financial statement analysis.