ABC is costly and time consuming
ASSIGNMENT, 01 ACT 202 3rd December, 2008 Prepared For: Sharmin Khan (Sih) Prepared By: M Zahid Hossain ID: 081370030 Section: 08 Semester: Fall, 2008 Question 01: Do you agree with the statement, “ABC is costly and time consuming”? Answer: Though activity based costing has advantages over traditional costing system; it may be costly and time consuming. For example, the Southampton case study shows that there are significant costs associated with developing and maintaining such a system relative to traditional methods. The library system was time consuming to produce, taking one person almost three months of effort. To maintain such a [...]
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