Activity Based Costing (ABC)
What is
Activity Based Costing (ABC)
Activity Based Costing (ABC) is a cost-based methodology based on the time spent by people or machines over a particular task, project, or other cost object.
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Related terms and methods:
- Actvity Based Accounting
- Business Process
- Controlling
- Cost center
- Costs
- Project
- Timesheet
Related management field:
Last update: 19.08.2017
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