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Management accounting 2022

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Pregunta:

What is activity based management (ABM) and what is it good for?

Autor: Hjalmer Pedersen



Respuesta:

ABM describes management decisions that use activity-based costing information to satisfy customers and improve profits. • Product pricing and mix decisions - Insight into the cost structures and more accurate product cost information. • Cost reduction and process improvement decisions • Design decisions • Planning and managing activities


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