The Major Differences Between Functional and Activity-Based Budgeting Are Found

question 149

Multiple Choice

The major differences between functional and activity-based budgeting are found within which of the following categories?

• A)Overhead
• B)Selling
• C)Administration
• D)All of these
• E)None of these

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Definitions:

Perceptual Set

A tendency to perceive or notice some aspects of the available sensory data and ignore others, influenced by one's expectations or prior knowledge.

Interpretation Expectation

The anticipation of how a message, action, or result will be perceived and understood by others.

Perceptual Selection

The process by which individuals screen out or modify various stimuli from the environment to make it more manageable and meaningful to them.

Internal Factor

Elements within an organization that can influence its operation and success, such as employees, culture, and internal processes.