##  [Activity-Based Costing](/activity-based-costing) 

  ##  [Activity-Based Costing](https://econbiz.quantumdictionary.io/activity-based-costing-0) 

  

 [![Economics & Business Dictionary](/sites/default/files/styles/large/public/2026-01/Economics%20%26%20Business.png.webp?itok=vhJhN5nM)](/topic-specific-dictionaries/social-sciences/economics-business)

- Social Sciences -

**Economics & Business Dictionary**

 







 

 

 

 



 

 

 

 

Definition

An accounting concept defining how financial activity is recorded, classified, and summarized into reports. It specifies recognition, measurement, and control practices that support reliable reporting and decision use. It does not prevent misstatement without effective controls, review procedures, and consistent application of accounting policies.



 

 

 

 

 





 

 



 ##  [Activity-Based Costing](https://finance.quantumdictionary.io/activity-based-costing-1) 

  

 [![Finance & Accounting Dictionary](/sites/default/files/styles/large/public/2026-01/Finance%20%26%20Accounting.png.webp?itok=6gCSbld3)](/topic-specific-dictionaries/social-sciences/finance-accounting)

- Social Sciences -

**Finance & Accounting Dictionary**

 







 

 

 

 



 

 

 

 

Definition

A cost and performance management concept defining methods used to measure costs, plan spending, and analyze deviations from expectations. It governs cost attribution, budgeting, forecasting, and variance drivers used to improve profitability and operational decisions. It does not ensure savings without accurate cost drivers, timely data, and follow-through on corrective actions.



 

 

 

 

 





 

 



 ##  [Activity-Based Costing](https://engineering.quantumdictionary.io/activity-based-costing-2) 

  

 [![Engineering & Applied Technologies Dictionary](/sites/default/files/styles/large/public/2026-01/Engineering%20%26%20Applied%20Technologies.png.webp?itok=_IKO7_-n)](/topic-specific-dictionaries/engineering-applied-technologies)



**Engineering & Applied Technologies Dictionary**

 







 

 

 

 



 

 

 

 

Definition

A managerial cost-accounting technique that assigns indirect and overhead costs to products, services or customers by tracing those costs to the specific activities that consume resources and then using activity drivers to allocate activity costs to cost objects.