There are three ways to refine the cost system: - Try to identify as many direct costs

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There are three ways to refine the cost system:

- Try to identify as many direct costs as possible

- Use as many different cost pools as possible

- Implement an ABC

Any insight about the way to refine?or you can share anyexperience the importance of refining?

Related Book For answer-question

Entrepreneurship

ISBN: 9781119563099

5th Edition

Authors: Andrew Zacharakis, William D Bygrave

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Posted Date: May 10, 2024 11:30 AM

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There are three ways to refine the cost system: - Try to identify as many direct costs

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Refining a cost system is important for improving the accuracy of cost allocation and providing more useful information for decisionmaking Here are so... View the full answer

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