An Empirical Proof for the High Accuracy of ABC
- 10.2991/mems.2012.186How to use a DOI?
- Accuracy; Regression analysis; Test model; Empirical evidence.
Accurate cost information is the basis of management decision-making. Researches on the accuracy of ABC have to remain at logical analysis limited to the difficulties in the actual data acquisition and the lack of measurement methods. On the premise of available cost data of HZ company, this paper suggests a regression model which can test the accuracy of costing methods, and presents the testing procedures and methods. Then, this paper conducts a comparison between the traditional costing and ABC by regression analysis, and comes to the conclusion that ABC is superior in accuracy.
- © 2012, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Cai Yuzhuo AU - Lin Meiping AU - Wang Pingxin PY - 2012/12 DA - 2012/12 TI - An Empirical Proof for the High Accuracy of ABC BT - Proceedings of the 1st International Conference on Mechanical Engineering and Material Science (MEMS 2012) PB - Atlantis Press SP - 709 EP - 712 SN - 1951-6851 UR - https://doi.org/10.2991/mems.2012.186 DO - 10.2991/mems.2012.186 ID - Yuzhuo2012/12 ER -