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The advantage ofActivity-based costing (ABC) is that __________. (i)it can help in controlling overheads and improving efficiency (ii)it can help managers in their forward planning

  • The advantage ofActivity-based costing (ABC) is that __________.

(i)it can help in controlling overheads and improving efficiency

(ii)it can help managers in their forward planning

(iii)it is easy to set up and require minimal updating

(iv)it can be easily adapted to a service-orientated business environment

Which of the above statements is/are correct?

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