Homework Part A Back Question 9 Not yet answered Marked out of 1.00 The following statements have been made about traditional absorption costing and ABC: 1. ABC costing systems will provide accurate unit costs because cost drivers are used to trace overhead costs to products and services 2. Traditional absorption costing tends to assign too small a proportion of overheads to high volume products 3. An ABC system does not use volume-related cost drivers. 4. Cost pools in an ABC system are equivalent to cost centres used in traditional absorption costing. Which of the above statements is/are true? 4 only O a 2 and 4 O b. O C. 1 only O d 1 and 3