What Is Characteristic of Activity-Based Budgets

question 103

Multiple Choice

What is characteristic of activity-based budgets?

• A)They use the knowledge of cost behaviour to split the functional-based line items into fixed and variable components.
• B)They start with output and then determine the resources necessary to create that output.
• C)They rely on the use of functional-based line items.
• D)They work in environments where the products are homogenous and the production process is simple.

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Definitions:

Hives

An allergic reaction that causes itchy, red welts on the skin, often triggered by medications, foods, stress, or other stimuli.

Intention-To-Treat

An approach in clinical trials where the analysis includes all participants exactly as they were allocated, regardless of whether they completed the treatment according to the study protocol.

Drop-Out Percentage

Drop-out percentage refers to the proportion of individuals who discontinue or leave a certain program, course, or activity before completion, often used in educational contexts.

After-School Program

Organized programs that invite youth to participate in activities outside of the traditional school day, often providing educational or recreational activities.