Successful adoptions of activity-based costing typically occur when companies rely heavily on:
A)ﬁnance personnel.
B)accounting personnel.
C)manufacturing personnel.
D)oﬃce personnel.
E)multidisciplinary project teams.

Question

Quizplus · Accepted Answer

Activity-based costing involves the identification and analysis of various activities, which requires input from multiple areas of the organization. Therefore, successful adoptions are more likely to occur when multidisciplinary project teams are involved, representing various functions such as finance, accounting, and manufacturing. This allows for a more comprehensive approach to implementing activity-based costing and ensures buy-in from different stakeholders across the organization.

Successful Adoptions of Activity-Based Costing Typically Occur When Companies Rely