Reference no: EM132924315

Answer these questions providing accurate and valid answers.

1.explain the concept of Lack of knowledge as a limitation to cost/management accounting

2.is the evolutionary stage still a set back to the attainment of the full results of the cots accounting?how?

3.how do the Personal prejudices and bias affect cost accounting objectives?

4.what is the implication of Psychological resistance to the cost accounting methods?

5.highlight some key principles for a successful cost accounting system to hold

6.explain the criteria of History of business unit as a factor to consider when installing a cost accounting system

7.how does the product range affect the adoption of a cost accounting system?

8.identify several technical considerations to determine that influence the cost accounting system adoption

9.what accounting aspects influence the operations of the cost accounting

10.how does the Area of control to be exercised have impact on cost accounting?