1. Explain why the traditional management accounting systems are considered to be inadequate in today's business world?
2. Explain the Strategic management accounting framework and what are aims of strategic management accounting?
3. Distinguish the terms between 'management accounting (MA)', 'management accounting system (MAS)' and 'management control systems (MCS)'
4. "A well-designed management accounting and control system that provides management information for managers must have the four dimensions of scope, timeliness, aggregation and integration" (Chenhall & Morris, 1986). Discuss the four dimensions mentioned above in detail, giving appropriate examples.