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Can target costing be applied to banking industry

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Reference no: EM132572233

You are a manager of a large bank. Having heard about a management accounting method called target costing, you are wondering whether it can be applied to the banking industry. In particular you are trying to determine how to benchmark other organisations to gain more information. Can target costing be applied to banking industry? To what products or services can target costing be applied?

Reference no: EM132572233

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