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Cost Manager's Responsibility

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Does the cost manager's responsibility end with making recommendations for improvements? Are the numbers generated by ABC, by themselves, enough to guide managers to correct decisions regarding resource use?

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Cost manager's responsibility does not end with just making recommendations for improvement. Cost manager has to manage the cost of the products on a day to day basis to ensure that the actual costs are close to what the baseline costs are. Cost manager does frequent audits to ensure that no unexpected costs are being incurred and make adjustments ...

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