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Doctors Medicines MCQs Q&A

  1. help management
  2. cost management
  3. past management
  4. future management
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1 Answers

Answer: Option 2

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.

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