For an ABC system to be useful, it must allocated costs from all "links "of the value chain.

Question

Quizplus · Accepted Answer

Global surveys show that ABC implementation varies among companies but that its framework and concepts help managers improve costing systems . Some companies choose very comprehensive and detailed implementation of ABC while other companies may focus the system on certain divisions and while advances in information technology and the accompany decline in the cost of cost measurement continues, more detailed and refined systems will pass the cost/benefit test.

For an ABC System to Be Useful, It Must Allocated