engaged in delivering a unit of service. The
recommendation is that small service businesses should implement TD-ABC to enhance their cost accumulation process and pricing of services, hence increase their profitability.
• Preferring activity based budgeting rather than the classical (volume-based) one will increase the probability of success of target costing practices.
• Three accounting systems: Activity based costing, Time-Driven Activity Based costing and Lean Accounting. Comparisons are made based on the three basic roles of information generated by accounting systems: financial reporting, decision
making, and operational control and improvement.