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Activity Based Budgeting - ABB |
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Activity Based Budgeting - ABB A method of budgeting in which activities that incur costs in each function of an organization are established and relationships are defined between activities. This information is then used to decide how much resource should be allocated to each activity. Notes: Basically, ABB is budgeting by activities rather than by cost elements.See also: Budget, Zero-Based Budgeting How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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