Read the following article: Searching for the True Cost of Health Care - WSJ-1.pdf

According to the article, M.D. Anderson Cancer Center has implemented a costing system called, a time-driven activity-based costing (TDABC) system.

Please answer the following questions after reading this article: Time-Driven Activity-Based Costing.pdf

1. What is TDABC? Can you briefly explain the system compared to the traditional ABC system we've learned from the textbook?

2. What do you think is the biggest difficulty companies may feel when they try to adopt the traditional ABC system? How TDABC mitigates the problem?

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