What Is the Major Difference Between ABC and ABM

question 46

Multiple Choice

What is the major difference between ABC and ABM?

• A)ABC is used in managerial accounting, while ABM is used in financial accounting.
• B)ABC focuses on measurement, while ABM focuses on control.
• C)The goal of ABC is to accurately control costs, while the goal of ABM is to allocate costs most effectively to cost objectives.
• D)There is no difference; ABC and ABM are two names for the same thing.

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Definitions:

Well-Baby Visit

Regular medical checkups for infants aimed at monitoring growth and development and preventing health problems.

Completed Examination

The conclusion of a thorough medical assessment, which involves evaluating the body by a healthcare provider for any signs of disease or abnormalities.

Sequela

A state of health that emerges as an outcome of an earlier medical condition or harm.

Eponym

A person after whom a discovery, invention, place, etc., is named or thought to be named.