ABC provides useful information for product planning by providing accurate estimates of profit margins.

Name: ABC provides useful information for product planning by providing accurate estimates of profit margins.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

ABC (activity-based costing) provides detailed and accurate information on the costs incurred in producing a product or service, which allows for more accurate estimates of profit margins. This information can be used for product planning and decision-making.

ABC Provides Useful Information for Product Planning by Providing Accurate