Oman Cement company (SAOG) conducted campus recruitment in Ibri College of Technology and recruited two students who have completed Diploma in Accounting and one who completed Advance Diploma in Accounting for various positions in Finance Department of the organization. Those who are qualified with Diploma in accounting posted as Cost Accountants whereas the Student with Advance Diploma in Accounting posted as management accountant of the company. How do you define and differentiate their roles based on their position in the organization.

( 10Marks, Word Limit 100-300 )