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Explain the following EMERGING TRENDS IN MANAGERIAL ACCOUNTING and give their advantages in the business industry : BENCHMARKING TQM (TOTAL QUALITY MANAGEMENT) ABM (ACTIVITY-BASED MANAGEMENT)

Explain the following EMERGING TRENDS IN MANAGERIAL ACCOUNTINGand give their advantages in the business industry:

BENCHMARKING
TQM (TOTAL QUALITY MANAGEMENT)
ABM (ACTIVITY-BASED MANAGEMENT)
VALUE ADDED ASSESSMENT

Please explain clearly and in detail. Thank you!

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