Why Is Activity-Based-Costing Used? What Is an Activity? Give an Example

question 129

Essay

Why is activity-based-costing used? What is an activity? Give an example of an activity.

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Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Behaviorism

The (philosophical) thesis that there are no mental events (or that they are of no scientific importance). What we call by mentalistic names (pains, emotions, motives) are actually patterns of behavior, misnamed and mistakenly supposed to be inner, “ghostly” occurrences.

Mental

Pertaining to the mind or to mental states, processes, and faculties.

Nature

The physical world and everything in it that is not made by human beings, including plants, animals, and landscapes.