Which of the following statements is true about activity-based budgeting?

A) activity-based budgeting estimates total costs more accurately than cost-based budgeting
B) activity-based budgeting provides more detailed information than cost-based budgeting
C) activity-based budgeting is cheaper than cost-based budgeting
D) activity-based budgeting is simpler to implement than cost-based budgeting

Answer: B

Business

You might also like to view...

Focus forecasting tries a variety of computer models and selects the best one for a particular application

Indicate whether the statement is true or false

Business

Team leadership is becoming less important in today's world because teams don't need leaders

Indicate whether the statement is true or false.

Business