A good mystery never fails to capture the imagination.
Money is stolen or lost, property disappears, or someone meets with foul play. On the surface, many people may view these cases as typical. Someone with a trained eye, however, may uncover hidden facts, and patterns. Getting to the bottom of the case. Understanding what happened and why, and taking action can make the difference between a solved case and an unsolved one. Business and organizations face similar cases. Their costing systems are often mysteries with unresolved questions: Why are we bleeding red ink? Are we pricing our products accurately? Activity-based costing can help unravel the mystery and result in improved operations, as LG Electronics discovered.