Which of the following systems focuses on activities as the fundamental cost objects and uses the costs of those activities as building blocks for compiling the indirect costs of products and other cost objects?
A)Job costing
B)Activity-based costing
C)Process costing
D)Product costing

Question

Quizplus · Accepted Answer

Activity-based costing focuses on activities as the fundamental cost objects and uses the costs of those activities as building blocks for compiling the indirect costs of products and other cost objects.

Which of the Following Systems Focuses on Activities as the Fundamental