Question $4$

$4\mathrm{.}1.$ What are the principles and ethical responsibilities that are applicable to professional accountants?

$4\mathrm{.}2.$ Critically analyse the differences between financial accounting and management accounting

$4\mathrm{.}3.$ List FIVE activities that are performed in costing systems

$4\mathrm{.}4.$ Explain why planning, decision$-$making and controlling are key responsibilities of management in any organisation.

$(30$ Marks$)$

$[8$ Marks$]$

$[12$ Marks$]$

$[5$ marks$]$

$[5$ marks$]$

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