What budgeting method categorizes according to enterprise undertakings as opposed to standard departments?

What budgeting method categorizes according to enterprise undertakings as opposed to standard departments?
A . Zero-based budgeting
B . Formula-based budgeting
C . Capital budgeting
D . Activity-based budgeting

View Answer

Answer: D

Explanation:

Activity-based budgeting records, researches, and analyzes activities that lead to costs for a company and thereafter prepares the budget based on the result. With activity-based budgeting, corporate activities are thoroughly analyzed to predict costs. With zero-based budgeting, all expenses must be justified for each new period.