Critically discuss the following statements that you have overheard, explaining any technical terms.

See attachments. There are 4 parts to the assignment. The title above is a guidline to the two questions I want answered. From the 4 parts, I want part 1 and part 3 to be answered.

Part 1: This part is based upon a question in the module text book: question 5.4 on page 165.
(The maximum number of words for this part is 1,250, with a limit for each of the five sub-sections of 250 words.)

Part 3: This part is based upon a question in the module text book: Question 6.2 on page 203.
(The maximum number of words for this part is 1,250, with a limit for each of the five sub-sections of 250 words.)

The questions can be seen in the text book or I could send an attachment of the scanned document to the writer directly as I can not upload more than one file on this form.
Book: Management Accounting for Decision Makers, Peter Atrill and Eddie McLaney, fifth edition.