Question: Explain the term activity cost pool (include an appropriate illustration / example). The cost computed under the simple traditional costing and ABC are never the

  1. Explain the term activity cost pool (include an appropriate illustration / example). The cost computed under the simple traditional costing and ABC are never the same. Do you agree? Explain. What are the main challenges when adopting ABC / ABM and how should managers overcome these challenges? (Word limit : 500).

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