Ask Question
29 January, 04:35

Activity-based costing:

a. is an accounting system that assigns a company's expenses to whichever activity in a company's value chain is responsible for creating the cost

b. involves using benchmarking techniques to develop cost estimates for the value chain activities of each major rival

c. is a powerful tool for identifying the different pieces of a company's value chain and classifying them as primary activities and support activities

d. involves determining which value chain activities represent variable costs and which represent fixed costs

e. is a tool for identifying the activities that cause a company's product to be strongly differentiated from the products of rivals

+4
Answers (1)
  1. 29 January, 08:32
    0
    a. is an accounting system that assigns a company's expenses to whichever activity in a company's value chain is responsible for creating the cost

    Explanation:

    Activity-based costing is a system that allocates costs to the activities that cause them and then, the costs of those activities are added to the products that use them. According to this, the sentence that is appropiate to explain activitiy-based costing is A.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Activity-based costing: a. is an accounting system that assigns a company's expenses to whichever activity in a company's value chain is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers