Which of the Following Is Characteristic of Activity-Based Budgeting

question 111

Multiple Choice

Which of the following is characteristic of activity-based budgeting?

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

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Definitions:

Kelley's Attribution Theory

A framework suggesting that people interpret their own and others' behaviors by attributing them to either internal dispositions or external situations.

Best Fit Explanation

A theory or hypothesis that most accurately accounts for the evidence or data among competing options.

Own Behavior

An individual's actions or conduct as perceived or governed by their own conscious intentions or habits.

Consistent Personality

Refers to a psychological trait where an individual's behavior, feelings, and thoughts display a stable pattern over time and across situations.