Question: Activity - based budgets a . rely on the use of functional - based line items. b . work in environments where the products are

Activity-based budgets
a. rely on the use of functional-based line items.
b. work in environments where the products are homogenous and the production process is simple.
c. use the knowledge of cost behavior to split the functional-based line items into fixed and variable components.
d. start with output and then determine the resources necessary to create that output.

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