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Accounting Assignment Sample

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ACCT4440 - Management Accounting- Issues and Perspectives

The subject code ACCT4440- Management Accounting: Issues and Perspectives sample assignment is a guide for students exploring the evolving role of management accounting. Topics include strategic cost management, performance measurement systems, budgeting approaches, and emerging issues such as sustainability reporting and digital transformation.
Sample Questions & Answers
Q1. How does strategic management accounting differ from traditional management accounting?
It emphasizes long-term, external, and competitor-focused analysis, unlike traditional accounting, which is mainly internal and cost-focused.
 
Q2. What are the drawbacks of traditional budgeting?
It can be rigid, time-consuming, and discourages innovation, leading many firms to adopt flexible or rolling budgets.

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