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e. It is said that Activity-Based Costing (ABC) has particular benefits for the modern businesses. Discuss the benefits and drawbacks of using ABC in modern

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e. It is said that Activity-Based Costing (ABC) has particular benefits for the modern businesses. Discuss the benefits and drawbacks of using ABC in modern business environment. Illustrate your discussion by providing examples of businesses where ABC would be the most and least beneficial. (6 marks) (Total: 30 marks)

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