Question: Difference between activity-based cost and activity cost management. Can you say that the activity-based cost system is a mechanism that refines cost systems? It argues

Difference between activity-based cost and activity cost management. Can you say that the activity-based cost system is a mechanism that refines cost systems? It argues in terms of the advantages of using the activity-based cost system (ABC costing) in terms of the allocation of indirect costs to the products or services and the difference between the activity-based cost (activity based costing) and activity cost management (activity based management).

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