An approach in which managers use resources to increase customer value is classified as

A help management
B cost management
C past management
D future management

Correct Answer: cost management

An approach in which managers use resources to increase customer value is classified as cost management. Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting that allows a business to predict impending expenditures to help reduce the chance of going over budget.
Bissoy MCQ
#Management #Management Accounting

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