An Activity-Budgetary System Has the Following Benefit(s)

question 158

Multiple Choice

An activity-budgetary system has the following benefit(s) :

• A) it supports continuous improvement.
• B) it supports process management.
• C) it emphasizes cost reduction through elimination of wasteful activities.
• D) it helps improve the efficiency of necessary activities.
• E) all of these.

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Definitions:

Drawee

The party, often a bank, that is directed to pay the sum specified in a check or draft.

Draft

A preliminary version of a document or plan that is subject to review and revision before being finalized.

Ordered

A directive issued by a court or other authority mandating or forbidding some action.

Allonge

Accompanying a negotiable instrument, a piece of paper that provides room for an endorsement if no room is available on the instrument itself.