Perhaps the greatest benefit of activity based costing is
A)the simplicity.
B)the acknowledgment of employee effort.
C)the ability to highlight and monitor costly activities.
D)the acceptance by stockholders of other sources of financing.
E)the ability to monitor the board of directors.

Question

Quizplus · Accepted Answer

Activity based costing allows for a more detailed and accurate identification of costly activities within a business. This information can then be used to monitor and potentially reduce costs, leading to increased profitability.

Perhaps the Greatest Benefit of Activity Based Costing Is