The Impact of Activity-Based Costing Systems on Cost Reduction During Pandemic. An Example of an Industrial Company Listed on the Amman Stock Exchange

Ashraf Mohammad Salem Alrjoub; Faris Alkarabsheh; Ashraf Bataineh; Leqaa Naife Al-Othman

doi:10.26668/businessreview/2023.v8i5.2015

Authors

Ashraf Mohammad Salem Alrjoub https://orcid.org/0000-0001-8005-1219
Faris Alkarabsheh https://orcid.org/0000-0003-3029-8891
Ashraf Bataineh https://orcid.org/0000-0002-9249-9472
Leqaa Naife Al-Othman https://orcid.org/0000-0001-6184-693X

DOI:

https://doi.org/10.26668/businessreview/2023.v8i5.2015

Keywords:

Activity-Based Costing Systems, Cost Reduction, Corona Pandemic, Industrial Company, Activity Based Cost, Spss, Jordan

Abstract

Objective: The purpose of this study is to examine the impact of an activity-based costing system on cost reduction during the COVID-19 pandemic. An example of ASE.

Theoretical framework: a 42-item work-related cost scale and a 10-item cost reduction scale were applied to a random sample of 261 workers working in ASE.

Design/methodology/approach: The results show a positive impact and correlation between an activity-based costing system and cost reductions during the COVID-19 pandemic.

Results and recommendations: The study recommends enhancing the professional qualifications of financial managers, heads of accounting departments and accountants in Jordanian industrial companies by attending various professional courses.

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