The System That Provides the Justification for Implementing Activity-Based Management

question 80

Short Answer

The system that provides the justification for implementing activity-based management and addresses the issues related with its implementation is called __________ .

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Definitions:

Operating Fund

A fund used to cover the day-to-day operational expenses of an organization.

Capital Fund

A reserve of capital that can be used for specific purposes, often to fund long-term investment projects or to cover future liabilities.

Restricted Fund Method

An accounting principle used by non-profit organizations, where donations or grants are kept in separate accounts and are spent only according to donors' stipulations.

Capital Fund

A financial resource that is used for the purchase of fixed assets or for significant investment in a business, not consumed in normal operations.