Select one of the following questions to answer in your discussion:

-Describe activity-based costing and how costs are computed and assigned to cost pools. Further, explain how ABC differs from traditional absorption costing.
-Explain why organizations create budgets and the two distinct purposes for budgeting. Further, discuss the types of budgets that comprise the master budget.
-Discuss a self-imposed budget as well as the advantages and disadvantages of the same.
-Describe the IMA’s ethical principles and relate each one of the principles to the Bible.
-Describe the IMA’a procedure for resolution of ethical conflicts and how this relates to Biblical principles.