Question
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.
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
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