Question: 1. Can it be said that the activity-based cost system (ABC costing) is a mechanism that refines cost systems? 2.Argues in terms of the advantages

1. Can it be said that the activity-based cost system (ABC costing) is a mechanism that refines cost systems?

2.Argues in terms of the advantages of using the activity-based cost system (ABC costing) in terms of assigning indirect costs to products or services and the difference between activity-based costing and cost management by activities (activity based management).

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