A flexible budget is: ( 1 ) Appropriate for control of factory overhead but not for control
Question:
A flexible budget is:
( 1 ) Appropriate for control of factory overhead but not for control of direct materials and direct labor.
(2) Appropriate for control of direct materials and direct labor but not for control of factory overhead.
(3) Not appropriate when costs and expenses are affected by fluctuations in volume.
(4) Appropriate for any level of activity.
(CPA adapted)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: