Chapter 12 - Managerial accounting and cost-volume-profit relationships. After reading this chapter, you should be able to answer the following questions: What is the managerial planning and control cycle? What are the major differences between financial accounting and managerial accounting? What is the difference between variable and fixed cost behavior patterns, and what simplifying assumptions are made in this classification method? | Lecture Accounting: What the numbers mean (10/e): Chapter 12 - Marshall, McManus, Viele
