Which of the following may be used as classifications for raw materials used in product manufacture? (1) Direct cost (2) Functional cost (3) Variable cost 1, 2 and 3 1 and 2 only 1 and 3 only 2 and 3 only Which of the following are advantages of a computerised accounting system over a manual system? (1) Reports can be produced quickly (2) It has built in controls which mean that fraud is impossible (3) The oulput from the system is error free (4) It has scalability 1, 3 and 4 only 1 and 4 only 1, 2, 3 and 4 2 and 3 only The responsibilities of the manager of a business division include decisions relating to non-current assets. What type of responsibility centre is described above? Profit centre Cost centre Investment centre Revenue centre