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Explain the extent to which accounting firms have embraced the current trends in management accounting. What challenges have they encountered in addressing the issues in

  1. Explain the extent to which accounting firms have embraced the current trends in management accounting.
  2. What challenges have they encountered in addressing the issues in (i) above?
  3. Suggestions how the issues raised in (ii) above have been or may be resolved in each case, give practical examples

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