Which of the following statements is false about Activity-based management? A. While useful, activity-based management and Activity-Based Costing information is not always cost efficient to obtain
B. The information needed for activity-based management is a direct byproduct of Activity-Based Costing
C. Activity-based management is an activity that is similar to Activity-Based Costing but requires a very different set of information
D. Activity-based management is designed to help management know which activities add the most value to goods and services

C. Activity-based management is an activity that is similar to Activity-Based Costing but requires a very different set of information

Explanation:

Activity based management is the process by which a business identifies activities that contributes more to profitability of the business. These activities are retained.

While activities whose cost does not justify the profit they generate are discarded.

Activity based costing is used to allocate cost of a product based on level of activity of a particular process.

Activity based management uses information from activity based costing to identify processes that contribute more to profitability.

So the statement - Activity-based management is an activity that is similar to Activity-Based Costing but requires a very different set of information. - Is false

correct, but each time you dont pay the price of the penalty can increase.