What Is Characteristic of Activity-Based Budgeting

question 23

Multiple Choice

What is characteristic of activity-based budgeting?

• A) It creates a budget after the fact.
• B) It builds a budget for each function.
• C) It identifies only the overhead activity.
• D) It classifies costs as variable or fixed with respect to the activity output measure.

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Definitions:

Annexation

The act of incorporating a land area into another entity, such as a country or city, often involving a change in political control.

Mexican Territory

Historical lands under the jurisdiction of Mexico, including areas that are now part of the United States following territorial changes.

Mammy

A historical stereotype of a black woman, often depicted as a devoted and submissive servant to white families, particularly in the southern United States.

Plantation Owner

An individual who owns extensive estate used primarily for agricultural production, historically associated with the use of slave labor.