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Chapter 1

You should now be able to answer ‘Test Your Understanding’ questions 1, 2, 3
and 4 from Chapter 1 of the Study Text.

You will be able to partly answer questions 5, 6, 10, 199 and 200 from the Exam
Practice Kit.

For further reading, visit Chapter 1 from the Study Text and review the F5 article
on ‘activity based costing’ at www.accaglobal.com.

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