![]() |
![]() |
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. |
Learn more about Activity Based Costing More on decision support: Artificial Intelligence In Marketing, Big Data Analytics, Business Intelligence, Business Performance Management, Corporate Performance Management, more... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
|
© 2023 MBA Brief - Last updated: 3-10-2023 - Privacy | Terms