Publisher's Synopsis
This volume focuses on the development of decision-making skills helping students to truly understand managerial accounting concepts and improving their ability to make sound business decisions. The text places a heavy emphasis on service and merchandising companies. For example, the budgeting chapter uses a merchandising business,while most traditional texts use a manufacturing company. Using a service company is not only more relevant, but also simplifies the learning environment, thereby making it easier for students to focus on budgeting concepts rather than procedural details. The Edmonds author team also promotes a student's understanding of concepts by isolating and introducing the concepts individually in decision-making contexts.