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An approach in which managers use resources to increase customer value is classified as

A. help management

B. cost management

C. past management

D. future management

Answer: Option B

Solution(By Examveda Team)

An approach in which managers use resources to increase customer value is classified as cost management. Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting that allows a business to predict impending expenditures to help reduce the chance of going over budget.

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