Accounting-based costing (ABC) identifies the cause-and-effect relationship between costs and desired organizational outcomes.

Name: Accounting-based costing (ABC) identifies the cause-and-effect relationship between costs and desired organizational outcomes.
Brand: Quizplus
Rating: 5.0 (38 reviews)

Question

Quizplus · Accepted Answer

This statement is true. ABC focuses on identifying the specific activities and resources that drive costs and then allocates those costs based on the cause-and-effect relationship between costs and desired organizational outcomes.

Accounting-Based Costing (ABC) Identifies the Cause-And-Effect Relationship Between Costs and Desired