The use of activity-based cost drivers gives rise to activity-based budgeting.

Name: The use of activity-based cost drivers gives rise to activity-based budgeting.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-based budgeting involves allocating costs to specific activities and then using those costs as a basis for budgeting. This approach is directly tied to activity-based cost drivers, which are used to allocate costs to activities. Therefore, the use of activity-based cost drivers does indeed give rise to activity-based budgeting.

The Use of Activity-Based Cost Drivers Gives Rise to Activity-Based