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

Question

Quizplus · Accepted Answer

Activity-based costing provides insight into the costs associated with each activity, activity-based management helps to identify areas for improvement and optimize the use of resources, and activity-based budgeting helps to allocate resources more effectively based on the expected level of activity. Using all three together can provide a comprehensive approach to managing operations.

Which of the Following Is a Way a Company Can