Activity-based management (ABM)focuses on the primary activities a business performs,determines the costs of the activities,and then uses the cost information to make decisions.

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Quizplus · Accepted Answer

ABM is a management approach that focuses on analyzing and managing the various activities that a business performs, determining the costs associated with each activity, and using this information to make decisions about how to improve performance and reduce costs. Therefore, the statement is true.

Activity-Based Management (ABM)focuses on the Primary Activities a Business Performs,determines