The following statements have been made about the drawbacks of activity-based?budgeting:??
(1) It is not always useful or applicable, as in the short term many overhead costs are not?controllable and do not vary directly with changes in the volume of activity for the?cost driver.?
(2) ABB will not be able to provide useful information for a total quality management?programme (TQM).?
Which of the above statement(s) is/are true??