Meaning of activity-based costing (abc)
Activity-based costing (ABC)
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Quality
Glossary of quality terms
Meaning and definition of activity-based costing (abc) :
Activity-based costing (ABC) A system for making business decisions based on cost information of fundamental business activities as tasks related to product design, development, quality, manufacturing, distribution, customer acquisition, service and support. ABC is sometimes considered a form of business process re-engineering as it insists on surfacing a manageable number of cost drivers that can be used to trace variable business costs to customer, products and processes.
For the term activity-based costing (abc) may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
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Glossary of quality terms
Activity-based costing (ABC)
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