Author Question: Generally accepted government auditing standards (GAGAS) are established by a. the GASB. b. the ... (Read 118 times)

mikaylakyoung

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Generally accepted government auditing standards (GAGAS) are established by
 
  a. the GASB.
  b. the Comptroller General.
  c. the AICPA.
  d. the Financial Accounting Foundation.
  e. the FASB.
  f. Congress.

Question 2

Activity-based budgeting ________.
 
  A) uses one cost driver such as direct labor-hours
  B) uses only output-based cost drivers such as units sold
  C) focuses on activities necessary to produce and sell products and services
  D) classifies costs by functional area within the value chain



krakiolit

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Answer to Question 1

B

Answer to Question 2

Answer: C



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