a) Identification of the main activities b) Collection of cost pool c) Determination of the activity cost drivers d) Calculation of activity driver rate e) Charging the cost of activities to products Select the correct sequence of the above steps:
List I List I (a) Liquidity Risk (i) Risk related to purchasing power of Income (b) Business Risk (ii) Risk related to Firm’s capital structure (c) Financial Risk (iii) Risk related to inability to pay its due on time (d) Inflation Risk (iv) Risk related to fluctuations in profits.