Question1 and 2. Please help methank you so much

Quiz 3 Submission Date & Time: Sunday, 21St June 2020 by 23:59 hours (Beijing Time) Name (In Chinese): Name (In English): Important Instructions: 1) Write your name clearly in the given spaces 2) Attempt all questions clearly and follow the instructions 3) You can use calculators also to solve the numerical parts of the questions 4) Answer all question only according to the instructions 5) Don it give irrelevant explanations of the questions 6) Manage your time accordingly 7) Cheating is not allowed at and if students are found guilty, their exams will be cancelled (lVIarks: 5*2 = 10) Explain the following questions with proper examples: Question 1: Most companies do not use ABC for external reporting. Explain why with example? Question 2: Explain revenue variances and spending variances in exible budget planning? Page 1 of l