In an Activity-Based Budgeting System, Managers Develop Budgets for Each

question 92

Multiple Choice

In an activity-based budgeting system, managers develop budgets for each:

• A) Cost pool
• B) General ledger account
• C) Cost driver
• D) Activity

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Definitions:

Aggregate Function

A function in computing that performs a calculation on a set of values and returns a single value, often used in database queries.

Average Amount

The result obtained by adding several quantities together and then dividing this total by the number of quantities.

Start Date

The specified day when an event begins or a contract comes into effect.

Aggregate Function

A type of function used in database queries and spreadsheet software that performs a calculation on a set of values, returning a single value.