Accounting Tools for

Managerial Accounting Tools for Business Decision Making, 6th Canadian Edition, Jerry Weygandt, Paul Kimmel, Ibrahim Aly (Solutions Manual All Chapters)

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Solutions Manual © 2021 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited 1-1

CHAPTER 1

Managerial Accounting

ASSIGNMENT CLASSIFICATION TABLE

Study Objectives Self-Study Questions Do It!Review

Exercises A Problems B Problems

*1. Explain the distinguishing features of managerial accounting.

1, 6, 7, 8 1 3, 4, 5

*2. Identify the three broad functions of management and the role of management accountants in an organizational structure.

3 1 6, 7

*3. Explain the importance of business ethics.

2, 10 1 8

*4. Identify changes and trends in managerial accounting.

4, 5, 9 2 9

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BLOOM’ S TAXONOMY TABLE

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Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems

Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation

• Explain the distinguishing features

of managerial accounting.

D-1, E-5 E-3, E-4

• Identify the three functions of

management and the role of management accountants in an organizational structure.

D-1, E-6, E-7

• Explain the importance of business

ethics.

D-1 E-8

• Identify changes trends in

managerial accounting.

D-2, E-9

A note about the correlation between CPA competencies and the end-of-chapter exercises and problems.

The CPA competencies are divided into enabling competencies and terminal competencies. Unless otherwise specified, the terminal competency being tested by the end-of-chapter material in this course is cpa-t003 (Management Accounting). The enabling competency being tested will differ between questions. The following questions test enabling competency cpa-e001

Professional and Ethical Behaviour:

E1.4,C1.11

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Managerial Accounting: Tools for Business Decision-Making, Sixth Canadian Edition Weygandt, Kimmel, Aly

Solutions Manual © 2021 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited 1-3 Legend: The following abbreviations will appear throughout the solutions manual file.

LO Learning objective BT Bloom's Taxonomy K Knowledge C Comprehension AP Application AN Analysis S Synthesis E Evaluation

Difficulty: Level of difficulty

S Simple M Moderate C Complex

Time: Estimated time to complete in minutes

AACSB Association to Advance Collegiate Schools of Business Communication Communication Ethics Ethics Analytic Analytic Tech. Technology Diversity Diversity Reflec. Thinking Reflective Thinking CPA CM CPA Canada Competency Map Ethics Professional and Ethical Behaviour PS and DM Problem-Solving and Decision-Making Comm. Communication Self-Mgt. Self-Management Team & Lead Teamwork and Leadership Reporting Financial Reporting Stat. & Gov. Strategy and Governance Mgt. Accounting Management Accounting Audit Audit and Assurance Finance Finance Tax Taxation

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