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Read Relevance Added: Combining ABC with German Cost Accou Friedl, PROF. DR., Hans-Ulrich Kupper, PROF. DR., and Buckhard Finance (June 2005), in the Readings and

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Read "Relevance Added: Combining ABC with German Cost Accou Friedl, PROF. DR., Hans-Ulrich Kupper, PROF. DR., and Buckhard Finance (June 2005), in the Readings and Cases Chapter 11 This article describes ABC costing and German cost accounting (G methods. GPK is presented as a superior method for relevant cost the use of both ABC and GPK. Answer the following questions: 1. What is GPK? 2. How does GPK compare to ABC costing? 3. What are the key elements of GPK? 4. What are the two types of cost centers used in GPK? Explain th

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