ACTIVITY BASED MANAGEMENT Definition

ACTIVITY BASED MANAGEMENT (ABM) converts Activity Based Costing (ABC) into a system to manage an organization. Activity Based Management not only focuses on product, service, customer, channel costing, it also emphasizes: cost drivers (root cause analysis), action plans to improve to achieve strategic objectives, and, performance measures for activities and processes.

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CFFA is Certified Financial Forensic Analyst.

PERSUASIVE is having the power to influence. Most audit evidence is persuasive, but not conclusive.

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