Required information

Activity-based budgeting requires management to identify activities performed by departments, plan necessary activity levels, identify resources required to perform these activities, and budget the resources.

Knowledge Check 01

Which of the following items would be included in an activity-based budget?(You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

• Auditing
• checked
• Supplies
• unchecked
• Financial reporting
• checked
• Utilities
• unchecked
• Cost accounting