how do managers use the refined cost information to improve operations and quality
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Managers use ABM (Activity Based Management) to improve operations and quality.
Explanation:
- Activity-based management helps managers to improve the efficiency and profitability of the operations and quality.
- This process includes three steps
- To identify activities required to complete products
- To find out whether activities are value-added or non-value-added
- Even if the activity if the value-added, ABM needs continuous improvement throughout the process.
Learn more about ABM here:
Role of activity based costing as a tool of management accounting
https://brainly.in/question/13693294
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Managers use ABM
Managers use ABM(Activity Based
Managers use ABM(Activity BasedManagement) to improve
Managers use ABM(Activity BasedManagement) to improveoperations and quality.
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