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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

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Answer:

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

Activity-based management (ABM) is a way of identifying and assessing activities that a firm conducts, as well as doing a value chain analysis or a re-engineering exercise to enhance strategic and operational decisions in an organization, utilizing activity-based costing.

So, option C is correct as this is the only false statement about activity based management.

The other options are incorrect as:

  • Option A is incorrect as yes activity-based management and activity-based costing are not always cost-efficient.

  • Option B is incorrect as yes activity-based management and activity-based costing have many similarities but they need different information.

  • Option D is incorrect as yes activity-based management analysis every good and services provided by company and help organization know which of them add more value to organization.

Thus every statement is correct only statement C is untrue.

For more information about activity-based management refer to the link:

https://brainly.com/question/17192507