1. Describe cost management and explain how it differs from financial accounting. 2   Identify factors and trends affecting the use of cost management. 3 Describe how management accountants function within an organization. 4 Understand the importance of ethical behavior for management accountants. 5 Identify the three forms of certification available to internal accountants.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
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1. Describe cost management and explain how it differs from financial accounting.

2   Identify factors and trends affecting the use of cost management.

3 Describe how management accountants function within an organization.

4 Understand the importance of ethical behavior for management accountants.

5 Identify the three forms of certification available to internal accountants. 

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