Tutorials 1- Define the term 'Cost Accounting' according to CIMA? (4m) 2- Explain 6 functions of cost accounting. (6m) 3- Explain the roles of management accountant in an organization. (5m) 4- Describe the differences between cost accounting and management accounting. (8m) 5- The main requirement of a proper cost & management system is to provide relevant financial, information to managers to help them to make better decisions. What are some of the advantages of applying cost and management accounting in an organization? (8m) 6- Who do you think are the users of the accounting information in an organization? Give opinion. (5m) 7- As one of the pioneers in the low-cost airline market, easyJet bases its business on a number of principles. a- Minimize the distribution cost by using the internet to take bookings. b- Maximizing the use of assets by increasing the turnaround time at airports. c. Ticketless travel, where passengers receive an e-mail confirming their booking and processing tickets d- Intensive use of IT in administration and aiming to run a paperless office. How can the cost and management accounting function provide information to support a low-cost strategy? Give opinion. (8m)