The Impact of Refinement on the Accuracy of Time-driven ABC.

Recently, time-driven activity-based costing ( ABC) has been developed as a cost modelling technique in which transaction times (that is, times required for particular occurrences of an activity) are calculated using time equations. This paper develops a model of the error structures in time-driven...

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Publicado en:Abacus Vol. 48; no. 4; pp. 439 - 473
Autores principales: Hoozée, Sophie, Vermeire, Lea, Bruggeman, Werner
Formato: Artículo
Publicado: Wiley-Blackwell Dec2012
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        10.1111/j.1467-6281.2012.00366.x
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        au:
          Hoozée, Sophie
          Vermeire, Lea
          Bruggeman, Werner
        affil:
          IESEG School of Management (LEM-CNRS)
          KU Leuven Campus Kortrijk, Leuven Statistics Research Centre
          Ghent University
      su:
        Activity-based costing
        Equations
        Time management
        Long run (Economics)
        Sampling errors
        Cognitive psychology
        Stochastic processes
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        subj:
          Activity-based costing
          Equations
          Time management
          Long run (Economics)
          Sampling errors
          Cognitive psychology
          Stochastic processes
      keyword:
        Costing accuracy
        Costing errors
        Mathematical model
        Time equation
      ab: Recently, time-driven activity-based costing ( ABC) has been developed as a cost modelling technique in which transaction times (that is, times required for particular occurrences of an activity) are calculated using time equations. This paper develops a model of the error structures in time-driven ABC and examines the impact of adding terms to time equations on the accuracy of estimated transaction times. The results provide some fundamental insights into the balancing of errors when refining time equations and lead to some general recommendations that may be followed in the design process of a time-driven ABC system to enhance the accuracy of times calculated by means of time equations.
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    language: English
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