Question

1. Define managerial accounting

2. Describe the role of managerial accounting and the managementaccountant in a business or organization

3. Describes ethical issues/concerns for the managementaccountant

4. Describes at least three managerial accounting techniquesavailable and their application within a business ororganization

Part II Select at least three of the five topicsidentified below:

Cost Management Techniques

Costing Methods

Capital Investment Decision Techniques

Budgeting

Quality Control

For each topic selected, present real world examples of theapplication of managerial accounting techniques within a businessor organization. Examples may be gathered from your ownprofessional experiences or from case studies obtained fromcredible sources (excluding textbook examples explored in previousweeks). Presentation of each example should include how amanagerial accounting technique was applied in the business ororganization’s decision-making model. Be sure to support yourexample with calculations when applicable.