The process of using activity-based costing information to manage a business's activities,and thus its costs,is called
A)Activities' management.
B)Product management.
C)Activity-based management.
D)None of these ans choices are correct..

Question

Quizplus · Accepted Answer

Activity-based costing provides a more accurate representation of how costs are consumed by various activities within a business. Activity-based management takes this information and seeks to optimize the efficiency and effectiveness of those activities to achieve the desired results. Therefore, C is the correct choice as it directly relates to the management of activities based on their costs. A is too general and doesn't specifically relate to costing information, B is too narrow in scope, and D is not a valid option.

The Process of Using Activity-Based Costing Information to Manage a Business's