Activity-Based Management Describes Management Decisions That Use Activity-Based Costing Information

question 49

Multiple Choice

Activity-based management describes management decisions that use activity-based costing information to

• A)improve product pricing, cost reduction and design.
• B)identify potential customers.
• C)smooth indirect costs.
• D)eliminate activities that add value but are not cost drivers.
• E)anticipate changes in the market.

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Definitions:

Openness And Transparency

The practice of being open, honest, and clear about activities, decisions, and policies, fostering trust and credibility with stakeholders.

State Governments

The governing bodies of each of the states within a federal system, responsible for local legislation, administration, and services within their respective states.

Edelman Trust Barometer

An annual global study that measures the public's trust in four key institutions: government, business, media, and NGOs.

Public Trust

The level of confidence the general public has in the integrity, ability, or character of a person, organization, or entity.