Which of the following is a way a company can use information about activities to manage its operations?
A)Activity-based costing
B)Activity-based management
C)Activity-based budgeting
D)Activity-based costing,activity-based management,and activity-based budgeting

Question

Quizplus · Accepted Answer

Activity-based costing is a method of assigning costs to products, services or activities based on the resources they consume. Activity-based management uses the information generated by activity-based costing to manage and improve organizational activities. Activity-based budgeting is a process of creating a budget based on the activities necessary to produce goods or services. Thus, a company can use all three approaches to manage its operations.

Which of the Following Is a Way a Company Can