What's Going Wrong with Activity-Based Costing?

Activity-based costing and management (ABC/M) paradigms have caught on throughout the United States and in other parts of the world. However, the decision to initiate ABC/M is often made on the spur of the moment or as the result of success stories heard at conferences or seminars. In this paper nine common ABC/M implementation pitfalls that result in partial or unsatisfactory results are described and explored.