Meaning of ACTIVITY-BASED COSTING in English


also as ABC , or activity-based cost system , since customers would be unwilling to pay high prices for products with features they actually did not want, that is necessary to assign identifiable costs to specific product lines or business segments, that is, assign the costs just to the activities or features being demanded by customers, thus reducing purchasing, materials handling, and manufacturing costs.

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.