A budgeting method that assigns costs first to activities and then to projects based on each project's use of resources is:

A) Activity-based budgeting.
B) Zero-based budgeting.
C) Top-down budgeting.
D) Bottom-up budgeting.

A

Business

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A sample unit could be a:

a) household. b) consumer. c) purchasing agent. d) All of the above

Business

During the accounting period, office supplies were purchased on account for $3,200. A physical count, on the last day of the accounting period, shows $1,100 of office supplies on hand. Supplies Expense for the accounting period is $3,600

What was the beginning balance of Office Supplies? A) $4,700 B) $2,100 C) $1,500 D) There is not enough information to answer this question.

Business