The activity-based budgeting system emphasizes ________.
A) the resources needed by a company
B) the preparation of budgets by function
C) the attainment of long-range goals
D) activities and their consumption of resources

Question

Quizplus · Accepted Answer

Activity-based budgeting system emphasizes activities and their consumption of resources. It focuses on identifying the activities required to produce a product or service and assigning costs to those activities based on their usage of resources. This approach provides a more accurate view of the resources needed by a company and helps in better planning and decision making.

The Activity-Based Budgeting System Emphasizes ________