Question 1: Strategic Management Accounting [30 marks] Question 1.1 Strategic management accounting provides information to protect an organisation's strategic position and determine strategies to improve its future competitiveness. To have strategic value, management accounting information (MAI) must help accomplish key strategic objectives related to quality, cost, and time. At the same time, MAI must have the technical, behavioural, and cultural attributes necessary to help achieve the strategic goals. Discuss the statement with suitable examples. Your discussion should include the inter-relationship between the strategic purpose and the desired attributes of management accounting Information. [Word limit: 225 words. Note the word count at the end of your answer] (15 marks) Your Answer (expand the space as reguiredl: Word counts: Question 1.2 Management accounting systems should be tailored to the organisation's or Its managers' needs. While there are many management accounting systems, researchers have used different theories to understand the general principles that influence the design of management accounting systems. Choose two relevant theories and discuss the factors that may influence management accounting system design according to these two theories. You may use examples to elaborate each theory of your choice. {Word limit: 225 words. Note the word count at the end of your answer] (15 marks) Your Answer {expand the space as reguiredi: Word counts