ACC 202 _____________________ is defined as the identification

QUESTION 1_____________________ is defined as the identification and selection of activities to maximize the value of the activities while minimizing their cost from the perspective of the final consumer.Activity-based costingActivity-based managementStrategic cost management5 points QUESTION 2Which of the following is a value-added activity?Set-upMovementMachine OperationsInspection5 points QUESTION 3Contribution margin means:what remains from total sales after deducting fixed expenses.what remains after deducting cost of goods sold to cover fixed and variable expenses.the sum of cost of goods sold and variable expenses.what remains from total sales after deducting all variable expenses.