Glossary
ACCOUNTABILITY: The outputs that a work unit is expected to produce, and the performance standards that managers and employees of that unit are expected to meet.
ACTION PLANS: Business unit initiatives geared toward improving performance against an agreed-upon goal or strategic objective.
ACTIVITY: A unit of work, or task, with a specific output. Activities are distinct, normally are steps in a process, and are capable of being flow-charted and measured. Examples of activities are processing an order and issuing a check. ACTIVITY COST DRIVER: A unit of measurement for the level (or quantity) of the activity performed.
ACTIVITY-BASED COSTING: Under activity-based costing, costs are analyzed by applying them to activities (or pieces of ...
Get Beyond Budgeting now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
