an activity-based costing system is likely to help a company develop and execute strategy by providing accurate information about the cost of .\

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07-09-2022
Business

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an activity-based costing system is likely to help a company develop and execute strategy by providing accurate information about the cost of .\

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AnnuG AnnuG · Answer 1 · 2022-09-20T01:37:35-04:00

An activity-based costing system is likely to help a company develop and execute strategy by providing accurate information about the cost of dealing with suppliers, products and services, and serving customers.

An activity-based costing system refers to a method of costing that assigns the overhead and indirect costs to the related products and services. It is an accounting method that takes into account the relationship between costs, overhead activities, and manufactured products.

This method provides an advantage over traditional costing methods as it allows a company to develop and execute strategy on the basis of accurate information regarding various indirect costs.

To learn more about activity-based costing system: brainly.com/question/14347199

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