Questions:
1. Explain the characteristic of contingency theory of management accounting. What are some of the criticism of contingency theory? Do you believe contingency theory has made adequate contribution of management accounting? Explain in details.
2. What is meant by sustainable management practices and what examples of such practices can be found in New Zealand? Provide examples of social and environmental costs which are unlikely to be identified in management accounting reports. Identify and explain two potential benefits for an organisation that purses management accounting
3. Explain (i) what strategic management accounting is (ii) in general hoe strategic management accounting can provide information the meets requirements of senior managers in seeking to realize corporate objectives and (iii) specifically explain in what ways management accountants can adapt services they provide in the new environmen