Assume an hypothetical firm of your choice and describe the four (4) perspectives of the balanced scorecard that the firm may put in use. (11 Marks)

b) Explain how waste/spoilage/defective units (normal and abnormal) are treated in process costing. (6 Marks)

c) The decision is a well defined step by step process for purposes of sustainability.Using relevant illustration briefly explain the decision making process. (8 Marks)

d) There is a several more to adopt activity based costing across firms.What would you state to be the reasons behind the adoption of ABC? (5 Marks)