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activity-based management definition

Using the information generated in activity-based costing to plan and control activities and processes.

Related Q&A

What is setup cost?
What is cost allocation?
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What is the major weakness of the traditional method of allocating factory overhead?
What does stepped cost mean?

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Harold Averkamp

Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years,
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Free Guide to
Bookkeeping Concepts

Accounting Bookkeeping Concepts PDF Cover

Receive our free 18-page Guide to Bookkeeping Concepts (PDF) when you subscribe to our free newsletter.

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