What Is the Focus of Activity-Based Budgeting (ABB)? What Is

question 139

Essay

What is the focus of activity-based budgeting (ABB)? What is the principal advantage of ABB?

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Definitions:

Bank Deposits

Funds that are placed into a bank account, including both cash and non-cash transactions.

Adding Machine

A mechanical or electronic device used for calculating sums of numbers.

Managing Office Supplies

The process of ordering, stocking, and overseeing the distribution of products and equipment required for the operation of an office.

Least Effort

A principle suggesting that individuals or systems naturally prefer the solution that requires the minimal amount of work.