No. 2 Role of Management Accountant (LO 2 - 10 Mark) Management Accounting is getting more important in the business. Express your understanding on the following issues: a. Explain your understanding regarding The role of management accountant in the business. b. The role of IT in current management accounting and does IT matter to the management accounting decision? c. Why Activity Based costing considered as better costing system compared to traditional costing system. In which part of the cost element? Explain