1. ‘The management accountant's role is that of a servant of managers, assisting them by supplying appropriate information. Management accountants thus have little need to consider ethical or empowerment issues.' Give, and justify, your opinion on this statement.
2. Evaluate the significance of principal-agent theory for management accountants and outline its conceptual and practical limitations.
3. Why would anyone take the trouble to study the history of management accounting? Identify the benefits and beneficiaries of such a study, examining critically the work already carried out in this area.