Critics of ABC argue that analysis of overheads in order to identify is time-consuming and costly and that the benefit of doing so, in terms of more accurate costing and the potential for does not justify the cost of carrying out the analysis. It is also criticised for the same reason that generally is criticised: because it dees not provide very relevant informabion for and tends to use past costs and to ignore Since past costs are always in decision making and opportunity costs can be full costing information is an expensive irrelevance. Use the drop-down lists to complete the following paragraphs relating to attributes of activity-based costing (ABC). Critics of ABC argue that analysis of overheads in order to identify is time-consuming and costly and that the benefit of doing so, in terms of more accurate costing and the potential for tof carrying out the analysis. It is also criticised for the same reason that gen cost control sot provide very relevant information for and tends to use past costs and to ignore opportunity costs can be full costing informatio activity-based costing cost drivers Critics of ABC argue that analysis of overheads in order to identify is time-consuming and costly and that the benefit of doing so, in terms of more accurate costing and the potential for does not justify the cost of carrying out the analysis. It is also criticised for the same reason that generally is criticised: because it does not provide very relevant information for and tends to use past c Since past costs are always in decision making and opportunity costs can be 1 expensive irrelevance. opportunity costs full costing decision making irrelevant significant