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Activity based cost accounting (ABC)
An accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources; it measures the performance and costs related to a specific activity or function.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Legal services
- Category: Patent & trademark
- Company: USPTO
- Product:
- Acronym-Abbreviation:
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