Question
1) Describe an example of how an unfavorable variance between actual and budget amounts in a fixed static (master) budget can become a favorable variance
1) Describe an example of how an unfavorable variance between actual and budget amounts in a fixed static (master) budget can become a favorable variance in a flexible budget report.
2) Also, since flexible budget is more accurate in measuring performance, can company just develop flexible budget without the static budget? Why or why not?
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Water Audits And Loss Control Programs
Authors: American Water Works Association
4th Edition
1625761007, 978-1625761002
