Question: 1. Compare and contrast activity-based costing (ABC) and activity-based management (ABM). 2. A hospital can use activity-based costing (ABC) for costing its services. In a

1. Compare and contrast activity-based costing (ABC) and activity-based management (ABM).

2. A hospital can use activity-based costing (ABC) for costing its services. In a hospital, what activities might be considered to be value-added activities?

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