What are flexible budgets? Why are they preferred to fixed (static budgets)?

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Management and Cost Accounting

ISBN: 978-1473748873

10th edition

Authors: Colin Drury

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Question Posted: Feb 10, 2020 09:04 AM

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What are flexible budgets? Why are they preferred to fixed (static budgets)?

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Difference between fixed and flexible budget 1 Meaning A flexible budget refers to a budget that allows adjusting based on a change in the assumptions ...View the full answer

Management and Cost Accounting

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