Click in the boxed areas to the right of each item below. A pick list will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choice to turn the boxed area green. Focused on products, departments, and activities Managerial accounting tends be based on: Identification of mission and values is considered to a: The type of budget that identifies anticipated revenues and expenses Appropriate for costing uniquely produced products Real-time software tracking most facets of business activity Benchmark costs against which actual costs can be compared