Question: Ittner and Larcker (2001) introduced value-based management accounting framework to address the weaknesses of obsolete traditional management accounting systems. Discuss the short comings of the
Ittner and Larcker (2001) introduced value-based management accounting framework to address the weaknesses of obsolete traditional management accounting systems. Discuss the short comings of the traditional management accounting systems.
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Traditional management accounting systems while effective in certain contexts have several shortcomings that may limit their ability to provide releva... View full answer
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