alleryStart learning →Which consortium helped formalise ABC principles in the 1970s and 1980s?
AIASB
BFASB
CICAI
DCAM-I
Answer & Solution
Correct answer: D. CAM-I
The Consortium for Advanced Management-International, now CAM-I, played a formative role in studying and formalising ABC.
Keep practising Specialist Cost Management Techniques
Browse all Specialist Cost Management Techniques questions for CA Final, or explore more Cost and Management Accounting topics.
Related questions
Working beyond the standard the customer expects is which lean waste?In lean, reworking avoidable errors is which waste?In lean, inactive periods caused by job queues are which waste?In lean, producing more than currently needed is which waste?TOC applied to finance and accounting is called what?How many constraints does a TOC system typically have?Raising overall system throughput requires more flow through what?Which TOC plant type has a one-to-one assembly line sequence?