In the first step in developing an activity-based costing system,the management team must think about how each activity for a product or service might be improved or whether is it necessary at all.

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The first step in developing an activity-based costing system is to identify all the activities involved in providing a product or service, and then evaluate each activity to determine whether it adds value, could be improved, or is necessary at all.

In the First Step in Developing an Activity-Based Costing System,the