Activity Based Costing

 
   

Definition: Activity Based Costing is a costing approach that identifies the cost pools, or activity centers, in an organization and assigns the cost for each activity to all products and services (cost drivers), based on the actual consumption, number of events or transactions by each in the process of providing a product or service.


   

   

More on activity based costing. More on decision support: Artificial Intelligence, Business Analytics, Business Intelligence, Business Performance Management, Corporate Performance Management, more...

   


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