Abc that relate to the financial services industry

Reference no: EM131126703

An article in Cost Management, by Kocakulah, Bartlett, and Albin entitled "ABC for Calcu- lating Mortgage Loan Servicing Expenses" (July/August 2009, p. 36), discusses a use of ABC in the financial services industry.

Instructions

Read the article and answer the following questions.

(a) What are some of the benefits of ABC that relate to the financial services industry?

(b) What are three things that the company's original costing method did not take into account?

Reference no: EM131126703

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