Includes bibliographical references (p. 541-543) and index.

Preface. PART I: QUESTIONS. 1. An introduction to Cost Terms and Concepts. 2. Cost Assignment. 3. Accounting Entries for a Job Costing System. 4. Process Costing. 5. Joint and By-Product Costing. 6. Income Effects of Alternative Cost Accumulation Systems. 7. Cost-Volume-Profit Analysis. 8. Measuring Relevant Costs and Revenues for Decision-Making. 9. Pricing Decisions and Profitability Analysis. 10. Activity-Based Costing. 11. Decision-Making Under Conditions of Risk and Uncertainty. 12. Capital Investment Decisions: Appraisal Methods. 13. Capital Investment Decisions: The Impact of Capital Rationing, Taxation, Inflation and Risk. 14. The Budgeting Process. 15. Management Control Systems. 16. Standard Costing and Variance Analysis 1. 17. Standard Costing and Variance Analysis 2: Further Aspects. 18. Divisional Financial Performance Measures. 19. Transfer Pricing in Divisionalized Companies. 20. Cost Management. 21. Strategic Management Accounting. 22. Cost Estimation and Cost Behaviour. 23. Quantitative Models for the Planning and Control of Inventories. 24. The Application of Linear Programming to Management Accounting. PART II SOLUTIONS. 25. An Introduction to Cost Terms and Concepts. 26. Cost Assignment. 27. Accounting Entries for a Job Costing System. 28. Process Costing. 29. Joint and By-Product Costing. 30. Income Effects of Alternative Cost Accumulation Systems. 31. Cost-Volume-Profit Analysis. 32. Measuring Relevant Costs and Revenues for Decision-Making. 33. Pricing Decisions and Profitability Analysis. 34. Activity-Based Costing. 35. Decision-Making Under Conditions of Risk and Uncertainty. 36. Capital Investment Decisions: Appraisal Methods. 37. Capital Investment Decisions: The Impact of Capital Rationing, Taxation, Inflation and Risk. 38. The Budgeting Process. 39. Management Control Systems. 40. Standard Costing and Variance Analysis 1. 41. Standard Costing and Variance Analysis 2: Further Aspects. 42. Divisional Financial Performance Measures. 43. Transfer Pricing in Divisionalized Companies. 44. Cost Management. 45. Strategic Management Accounting. 46. Cost Estimation and Cost Behaviour. 47. Quantitative Models for the Planning and Control of Inventories. 48. The Application of Linear Programming to Management Accounting.

Suitable for use by postgraduate and higher national diploma students studying cost and management accounting, this book covers the theory and practice of management and cost accounting and includes extensive assessment questions and illuminating Real World Views.