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An academic accountant once observed in an accounting symposium: The strategic role of allocations and its usefulness to the cost accountant are no doubt incontrovertible.
An academic accountant once observed in an accounting symposium: "The strategic role of allocations and its usefulness to the cost accountant are no doubt incontrovertible. But it is worth noting that the effectiveness of allocations to provide an incentive to reduce service costs is limited unless the amount allocated is tied to some controllable driver".
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Write an essay commenting on the above statement with at least one practical example in support of your answer.
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