Problems Caused and Solved by Activity-Based Costing in Development and Dissemination

Linruyuan Tan () and Jing Feng ()
Additional contact information
Linruyuan Tan: University of Glasgow
Jing Feng: University of Glasgow

A chapter in Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022), 2023, pp 469-474 from Springer

Abstract: Abstract The Activity-Based Costing (ABC) method is widely utilized and expanding globally. Due to the intricacy of the operational process, however, a large number of businesses avoid employing this costing method. The purpose of this study is to evaluate and discuss the pertinent literature to investigate the benefits and drawbacks of activity-based costing in solving the cost estimation problem, as well as its advantages over traditional methods. This study claims that ABC is better adapted to a complicated and ever-changing market environment and sophisticated production methods. In addition, this article recommends additional research that focuses on the efficacy of activity-based costing in improving managerial accounting and cost control and facilitating its global deployment.

Keywords: Problems; caused; and; solved; by; activity-based; costing; in; development; and; dissemination (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-124-1_55

Ordering information: This item can be ordered from
http://www.springer.com/9789464631241

DOI: 10.2991/978-94-6463-124-1_55

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().