Strategic cost management is: I.the process of determining cost drivers. II.the recognition of the importance of cost relationships among the activities in the value chain. III.the process of managing cost relationships to the ﬁrm's advantage. IV.cost-causing factors.
A)I.
B)II.
C)III.
D)IV.
E)II.and IV.

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The Answer of Strategic cost management is: I.the process of determining cost drivers. II.the recognition of the importance of cost relationships among the activities in the value chain. III.the process of managing cost relationships to the ﬁrm's advantage. IV.cost-causing factors.
A)I.
B)II.
C)III.
D)IV.
E)II.and IV.

Strategic Cost Management Is: I