Activity-based costing uses benchmarking to compare the cost of an activity in one organization to the cost for a similar activity in another organization.

Name: Activity-based costing uses benchmarking to compare the cost of an activity in one organization to the cost for a similar activity in another organization.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-based costing focuses on analyzing the cost of activities within an organization, and does not typically involve comparing costs with other organizations through benchmarking.

Activity-Based Costing Uses Benchmarking to Compare the Cost of an Activity