Organizations interested in using activity-based management must first implement an activity-based costing system.

Name: Organizations interested in using activity-based management must first implement an activity-based costing system.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Activity-based management relies on accurate and detailed information about the costs and activities that go into producing goods or services. Activity-based costing provides this information, making it a necessary precursor to activity-based management.

Organizations Interested in Using Activity-Based Management Must First Implement an Activity-Based