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COST AND MANAGEMENT ACCOUNTING

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Published by safwanah pmk, 2019-08-23 06:13:31

QUESTION 1

COST AND MANAGEMENT ACCOUNTING

Keywords: Q1

CHAPTER 1 :
COST AND MANAGEMENT ACCOUNTING

QUESTION 1
(a) In helping managers to perform the functions of the management process, the

management accountant should play his role wisely.
(b) Discuss in detail the roles of the management accountant from the following

perspectives :
(i) Planning
(ii) Control
(iii) Organizing
(iv) Communication
(v) Motivation

QUESTION 2
Accounting information system is very important in the organization. There are two users of
the financial information in order to make a decision.

(a) Briefly explain regarding the two users of the accounting information system and for
each user give the relevant example.

(b) Explain SIX (6) criteria of good management accounting information.

(c) State FOUR (4) functions of management accountant.


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