Question: b) Explain how Activity-based Costing (ABC) can support strategic planning and the value adding processes. Include examples of the type of information and reports the

b) Explain how Activity-based Costing (ABC) can support strategic planning and the value adding processes.

Include examples of the type of information and reports the management accountant can provide.

Based on your literature findings (from Part (b)), state two key lessons that would inform contemporary

organizations about the use of ABC to support strategic planning and the value adding initiatives.

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