Managerial Accounting, 2e presents readers with the fundamentals they need to know followed by extensive opportunities for practice. Introduction to Managerial Accounting; Building Blocks of Managerial Accounting; Job Costing; Activity Based Costing, Lean Production, and the Costs of Quality; Process Costing; Cost Behavior; Cost-Volume-Profit Analysis; Short-Term Business Decisions; The Master Budget and Responsibility Accounting; Flexible Budgets and Standard Costs; Performance Evaluation and the Balanced Scorecard; Capital Investment Decisions and the Time Value of Money; Statement of Cash Flows; Financial Statement Analysis MARKET For readers interested in gaining a solid understanding of managerial accounting through strong coverage and effective practice.