Assertion (A)Activity-based costing is not normally used for external reporting purposes.Reason (R)Activity-based costing does not conform to generally accepted principles.Select the correct answer from the options given below:

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Assertion (A)<br />Activity-based costing is not normally used for external reporting purposes.<br />Reason (R)<br />Activity-based costing does not conform to generally accepted principles.<br />Select the correct answer from the options given below: