In ____,activities associated with overhead cost generation are identified and then records are kept on the costs and on the activities.
A) ABC, activity-based costing
B) BOC, backoffice costing
C) ROTM, run of the mill costing
D) POC, plant operation costing

Question

Quizplus · Accepted Answer

ABC, or activity-based costing, is a method of costing that identifies activities associated with overhead cost generation and then tracks costs and activities. B, C, and D do not accurately describe this process.

In ____,Activities Associated with Overhead Cost Generation Are Identified and Then