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    Cornerstones of Managerial Accounting Study Set 2
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    Exam 11: Flexible Budgets and Overhead Analysis
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    What Is NOT One of the Three Steps in Building
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What Is NOT One of the Three Steps in Building

Question 27

Question 27

Multiple Choice

What is NOT one of the three steps in building an activity-based budget?


A) identifying activities
B) estimating the demand for each activity's output
C) classifying activities as value-added or non-value-added
D) estimating the cost of producing the output demanded by each activity

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