We want a flexible budget because costs are hard to predict. We need the flexibility to change

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"We want a flexible budget because costs are hard to predict. We need the flexibility to change budgeted costs as input prices change." Does a flexible budget serve this purpose? Explain.

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Management Accounting

ISBN: 978-0132570848

6th Canadian edition

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

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Question Posted: Jul 05, 2019 09:08 AM

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We want a flexible budget because costs are difficult to predict. We need the flexibility to change budgeted costs as input prices change." Does a flexible budget serve this purpose? Explain.
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We want a flexible budget because costs are hard to predict. We need the flexibility to change

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Management Accounting

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