Unique Skill ID: KS1202P6S8HY0WGG2T0Z

Activity-Based Costing

Activity-Based Costing (ABC) is a method of cost accounting that identifies the activities that a company performs and then assigns costs to those activities based on their use of resources. This method is used to gain a more accurate picture of a company's costs and to help allocate resources more effectively. ABC is a specialized skill that requires knowledge of accounting, finance, and business operations, as well as the ability to use specialized software and analytical tools to accurately measure costs and activities.

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This Skill is part of Lightcast Open Skills, a library of over 32,000 skills used by schools, communities, and businesses that has become the standard language.
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