A Budget System Based on Expected Activities and Their Levels

question 166

Multiple Choice

A budget system based on expected activities and their levels that enables management to plan for resources required to perform the activities is:

• A) Traditional budgeting.
• B) Management budgeting.
• C) Master budgeting.
• D) Activity-based budgeting.
• E) Cash budgeting.

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Definitions:

Sustainability

The practice of maintaining processes or states in a manner that prevents depletion of natural resources, ensuring long-term environmental balance.

Sustainability

The practice of maintaining processes or systems in a way that does not deplete natural resources or harm the environment, ensuring long-term ecological balance.

Greenhouse Gas Emissions

The release of gases into Earth's atmosphere that trap heat, contributing to global warming and climate change.

ISO 14000

A family of standards related to environmental management that exists to help organizations minimize their environmental impact.