Activity-based budgeting does NOT require:
A)specialised expertise in financial management and control.
B)the ability to see how the organisation's different activities fit together.
C)knowledge about how activities affect costs.
D)knowledge of the organisation's activities.

Question

Quizplus · Accepted Answer

Activity-based budgeting does not require specialised expertise in financial management and control, as it focuses more on understanding the activities that drive costs rather than just financial data. However, knowledge of the organisation's activities and how they affect costs, as well as the ability to see how they fit together, are necessary for implementing activity-based budgeting.

Activity-Based Budgeting Does NOT Require