Please answer all questions with workings.

SECTION B Answer TWO questions from SECTION B PLEASE NOTE THE WORD LIMITS APPLYING TO QUESTIONS FOUR, FIVE AND SIX. (20 marks each; 40 marks in total) QUESTION FOUR The so-called Whale Curve is a cost pattern that often emerges where Activity-Based Costing is used to calculate the costs of various customers or customer segments. Describe what this cost pattern is and what can be done to address unfavourable Whale Curves. NOTE: THERE IS A WORD LIMIT OF 750 WORDS FOR ANSWERING THIS QUESTION. (20 Marks) QUESTION FIVE Discuss why some companies are abandoning traditional forms of budgeting and implementing a Beyond Budgeting philosophy. NOTE: THERE IS A WORD LIMIT OF 750 WORDS FOR ANSWERING THIS QUESTION. (20 Marks) QUESTION SIX Transfer pricing generally follows a market-based, cost-based or negotiated approach. Describe the meaning of each of these approaches. NOTE: THERE IS A WORD LIMIT OF 750 WORDS FOR ANSWERING THIS QUESTION (20 Marks)