Question: Activity - based budgets use the knowledge of cost behavior to split the functional - based line items into fixed and variable components. start with

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

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