A flexible budget is: ( 1 ) Appropriate for control of factory overhead but not for control

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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)

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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