Activity-based costing is a method of managerial accounting used to assign all direct and indirect costs to a particular activity.

Name: Activity-based costing is a method of managerial accounting used to assign all direct and indirect costs to a particular activity.
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Question

Quizplus · Accepted Answer

Activity-based costing (ABC) assigns both direct and indirect costs to activities, which are then allocated to products or services based on their consumption of those activities.

Activity-Based Costing Is a Method of Managerial Accounting Used to Assign