Question
1. You are required to go through the article uploaded on Moodle in Week 1 and discuss the difference between traditional management accounting and strategic
1. You are required to go through the article uploaded on Moodle in Week 1 and discuss the difference between traditional management accounting and strategic management accounting.
2. Explain how management accountants can serve the needs of the senior managers in the formulation if strategy and sustaining a competitive advantage.
3. What is meant by the term 'value creation'? Does it play a significant role in having a successful business? Use a local example to support your answer.
4. What is 'goal congruence' and explain how it can be achieved.
5. Management accounting involves internal corporate accountants who provide information, advice and reports to assist management in making informed business decisions. Discuss two ethical dilemmas that an accountant may face.
6.Give two examples of management accounting information that would be prepared on a regular basis, and two examples of management accounting information that might be prepared on an ad hoc basis?
7.what types of information might a management accountant to assist management in a business that is considered product quality to be a key strategic importance?
8. Describe some planning and control activities that Fijian Broadcasting Corporation (Fiji's national radio and television broadcaster) management would engage in?
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