An analysis team consisting of users, managers, and analysts, are in the midst of a daylong meeting. They are working on systematically evaluating the consequences of removing every activity from the current business process. The team is performing activity-based costing.

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The team is performing a process called "value stream mapping" or a similar process analysis technique, not activity-based costing. Activity-based costing is a method for determining the costs of products, services, or activities by assigning cost drivers to specific activities, not for evaluating the consequences of removing activities.

An Analysis Team Consisting of Users, Managers, and Analysts, Are