Question: activity - based costing and generally accepted accouting principles differ in that ABC 1 . does not define product cots in the same manner as

activity-based costing and generally accepted accouting principles differ in that ABC
1. does not define product cots in the same manner as GAAP
2. information is useful only to managers, while gaap information is useful to all organizational stakeholders
3. is concerned only with costs generated from automated processes.

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