Activity Based Costing (ABC) and Performance Measurement through the Budgeting (ABB) Activity applied for the Aeronautical Industry

Abstract:

Traditional budgeting is a method that is based largely on estimating techniques in order to achieve strategic objectives. Therefore, a new method was needed and developed for planning, budgeting and for the control’s structure. This method was called ABB (activity based budgeting composition). The paper here presents the main concepts that explain and exemplify ABB method and it’s utility for the aeronautical industry.