Question: In your own words, explain how activity based costing (ABC) is different to traditional costing systems. Explain the different levels of activities in ABC

In your own words, explain how activity based costing (ABC) is different to traditional costing systems. Explain the different levels of activities in ABC

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In your own words, explain how activity based costing (ABC) is different to traditional costing systems. Explain the different levels of activities in ABC

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a lack of participation in decision making and initiative by employees;

too much short-term, situational thinking, and a lack of long-term planning;

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