Activity-based costing
Revision as of 23:45, 30 May 2020 by Gary (talk | contribs) (Gary moved page ABC to Activity-based costing)
Activity-based costing (also known by its acronym, ABC) is those accounting procedures that can quantify the true profitability of different activities by identifying their actual costs.
Definition
According to Marketing Management by Keller and Kotler (15th edition),
- Activity-based costing (ABC). Accounting procedures that can quantify the true profitability of different activities by identifying their actual costs.
