A flexible budget a. contains a plan for a range of activity levels so that the plan

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A flexible budget

a. contains a plan for a range of activity levels so that the plan can be adjusted to reflect changes in activity levels.

b. is the plan for one level of activity and cannot be adjusted for changes in the level of activity.

c. can be used to evaluate performance after the period has ended but is not used for planning.

d. contains only variable costs but does not include fixed costs since fixed costs do not change.

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Managerial Accounting

ISBN: 12

2nd Edition

Authors: Karen Braun, Linda S Bamber

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Question Posted: May 21, 2024 05:02 AM

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A flexible budget a. contains a plan for a range of activity levels so that the plan

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Managerial Accounting

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