Activity dictionary definition
/What is an Activity Dictionary?
An activity dictionary is a document that identifies and describes each of the activities within a business. It is a useful reference for anyone involved in an activity-based costing or activity-based management effort, since it provides a massive amount of information that can be incorporated into an analysis project. The dictionary includes the following items:
Name of the activity
Name of the related business process
Description of the activity
Tasks associated with the activity
Cost of the activity
Outputs generated by the activity
Measurements for the output of the activity
Volume of output generated by the activity
Cost per unit of output
User(s) of the activity
Value added or non-value added flag
Performance measures applied to the activity
Cost drivers associated with the activity