An effective managerial accounting system should track information about an organisations

activities in which of the following areas:

i. Research and Development

ii. Marketing

iii. Production

A.

ii and iii

B.

iii

C.

i and iii

D.

All of the given answers

Which of the following statements regarding activity-based costing (ABC) is true?

A.

ABC is an appropriate tool for analysing non-manufacturing costs.

B.

ABC cannot be used to analyse the profitability of customers.

C.

ABC is only used in manufacturing organisations.

D.

ABC can improve product cost accuracy where overhead costs are a small proportion of total costs