1. —————————– are simple
counts of the number of times an activity occurs, such as the
number of bills sent out to customers, while
———————————- measure the amount of time
required to perform an activity, such as the time spent preparing
individual bills for customers.​

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Question: 1. —————————– are simple counts of the number of times an activity occurs, suc…
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2. A “bucket” in which costs are accumulated
that relate to a single activity measure in the ABC system, is
called ————————————-.

3.————————————– is an
allocation base in an activity-based costing system.

4. A method of preparing budgets in which
managers prepare their own budgets, which then get reviewed by
higher-level managers, is
called————————————-.

5. Continuous budgets are the same as
———————————.

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