What Is Activity-Based Budgeting ABB? How It Works and Example
Activity-based budgeting (ABB) is a top-down financial budgeting method focusing on resources allocated to individual activities instead of departments or products. Activity-based budgeting (ABB) is more expensive to implement and maintain than traditional budgeting techniques and more time consuming as well. Moreover, ABB systems need additional assumptions and insight from management, which can, on occasion, […]