Welcome to my post where I’ll be providing a comprehensive answer to the question ‘Activity-Based Costing (ABC)‘. Through this article, you’ll gain in-depth knowledge and understanding of the topic. So without any further delay, let’s dive into the details and explore the answer to your question.
Question ?
Activity-Based Costing (ABC)
Answer ✅
Accounting system that recognizes a business firm’s relationship between costs, activities and products, and through this relationship assigns indirect costs to products less arbitrarily than traditional methods.
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