What is Activity-Based Costing (ABC)? [PDF]

Activity-based costing or ABC is a costing approach for optimizing cost and time. Besides measuring the performance of an activity, this cost accounting technique helps to identify all the costs related to every unique activity. The activity can be placed anywhere within an organizational structure, comprising of a project or process. In Activity-based costing, resource […]

The post What is Activity-Based Costing (ABC)? [PDF] appeared first on The Constructor.



from The Constructor https://ift.tt/3cVeGdh