Activity-Based Management is classified into operational ABM and Strategic ABM: Operational ABM: Involves classifying a firm's activities to improve efficiency and visibility of costs. It involves ...

What is an Activity Dictionary? A document describing and identifying the different activities within a business—a unique reference source for activity-based management and activity-based costing ...

When should a company use activity-based costing? The traditional cost accounting method accounts for overhead, cost of goods sold, or a combination of both. Activity-based costing, however, reports a ...