Learning Objectives
LO1. Identify the major differences and similarities between financial and managerial
accounting.
LO2. Understand the role of management accountants in an organization.
LO3. Understand the basic concepts underlying Just-In-Time (JIT), Total Quality
Management (TQM), Process Reengineering, and the Theory of Constraints (TOC).
LO4. Understand the importance of upholding ethical standards.
New in this Edition
• The discussions of JIT, TQM, and Process Reengineering have been condensed.
Manual: Cost and Management Accounting (Download)
LO1. Identify the major differences and similarities between financial and managerial
accounting.
LO2. Understand the role of management accountants in an organization.
LO3. Understand the basic concepts underlying Just-In-Time (JIT), Total Quality
Management (TQM), Process Reengineering, and the Theory of Constraints (TOC).
LO4. Understand the importance of upholding ethical standards.
New in this Edition
• The discussions of JIT, TQM, and Process Reengineering have been condensed.
Manual: Cost and Management Accounting (Download)
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