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Marks :10 (2+2+3+3) Question #01 A. Explain the differences between Activity Based Costing and Traditional Costing. B. Explain the features of 1. Variable Costing 2.

Marks :10 (2+2+3+3) Question #01 A. Explain the differences between Activity Based Costing and Traditional Costing. B. Explain the features of 1. Variable Costing 2. Absorption Costing C. Explain how variance analysis may assist management in decision making. D. Explain the types of budgets and their role in decision making process

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