![]() |
![]() |
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 decision support: Artificial Intelligence In Marketing, Big Data Analytics, Business Intelligence, Business Performance Management, Corporate Performance Management, more... |
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2023 MBA Brief - Last updated: 23-3-2023 - Privacy | Terms