Needles/Powers 2002e Managerial Accounting - Internet Research Activities

Needles Accounting Resource Center

Managerial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College


	Internet Research Activities Chapter 8: Performance Measurement Using Standard Costing Identifying Relevant Decision Information Instructions: Use one of the following business periodical web sites or the Business Readings from the journal Management Accounting available via the link below to search for an article written about standard costs and variance analysis. Alternatively, you can choose any of the Management Accounting articles to further your understanding of cost control. Write a summary of the article, including the title, author(s), publication, and date. Business Periodical Web Sites: CNNfn Forbes U.S. News & World Report BusinessWeek MSNBC Commerce Barron's USA Today Money Fortune Time Financial Times Business Readings Extended Research Activity Read the Management Accounting article entitled "Strategic Cost Management" by clicking on the link below. The article states "In today's highly competitive environment, cost management has become a critical survival skill for many firms. But it is not sufficient to simply reduce costs; instead, costs must be managed strategically. Strategic cost management is the application of cost management techniques so that they simultaneously improve the strategic position of a firm and reduce costs." Summarize the three types of cost management initiatives and describe how they support the notion of strategic cost management. "Strategic Cost Management" (January 1998) Either print out your answers for submission or email them to your instructor.





	ACE Practice Tests

	Chapter Summaries

	Check Figures

	Company Links

	Accounting Transaction Tutor

	Learning Objectives

	Ready Notes

	Internet Research Activities

	Toys'R'Us Annual Report Activities

	Business Readings



	SMARTHINKING

	Web Links