__________ costing is a system that focuses on activities as the fundamental cost centers.
A) Inventory-centered
B) Geographically-separated
C) Activity-based
D) Stakeholder-driven

Question

Quizplus · Accepted Answer

Activity-based costing (ABC) is a costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each. This approach focuses on the costs of activities as the primary sources of overhead, rather than simply spreading costs proportionally across products or services.

__________ Costing Is a System That Focuses on Activities as the Fundamental