Q1) In reality
investment appraisal is a waste of time given the problem of establishing
accurate long term project cash flows. Do you agree? (Words: 275)
Q2) Despite ignoring the time value of money and total return, payback is a
valid method of investment appraisal. Do you agree? (Words: 375)
Q3) Value chain analysis looks good on paper but is difficult to apply and has
little practical value. Do you agree? (Words: 550)
Q4) Without modern information systems strategic management accounting would
not be possible. Discuss. (Words: 650)

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