?

Managerial Accounting

Free Version

Upgrade subject to access all content

Moderate

Activity Based Management Theory: True Statements

MGRACT-J4TLMY

Which of the following are TRUE about activity-based​ management (ABM)? Select ALL that are true.

A

ABM focuses management's attention on costs rather than activities.

B

ABM analyzes the process using driver analysis, activity analysis and evaluation of the performance of activities.

C

ABM is concerned with reducing costs by finding activity that does not lead to something customers value.

D

ABM uses financial measures of performance to continuously lower costs over time.