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Describe the value of activity-based customer costing. Explain how ABC can help a firm identify its true low-cost suppliers. Explain driver analysis and its role

Describe the value of activity-based customer costing. Explain how ABC can help a firm identify its true low-cost suppliers. Explain driver analysis and its role in process-value analysis. Explain what are value-added activities and non-value added activities. Identify and define four different ways to manage activities so that costs can be reduced

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