7a) OR 7b) Describe the contexts in which Activity Based Costing may be most useful. How can Activity Based Costing help in service industries? Give three examples of such service industries and explain how ABC helps with decision making. Examiners value the use of your own words. The word limit for your (15 marks) answer is 800 words. Discuss the reasons for the rise in Environmental Management Accounting. Give three examples of issues which might be included in an Environmental Report and explain how the information for these issues would be obtained. Examiners value the use of your own words. The word limit for your answer is 800 words. (15 marks)