Question
1. What is a flexible budget and how does it differ from a static planning budget? 2. How will you distinguish the following? a. activity
1. What is a flexible budget and how does it differ from a static planning budget?
2. How will you distinguish the following?
a. activity variance
b. revenue variance
c. spending variance
3. How does a flexible budget based on two cost drivers differ from a flexible budget based on one cost driver?
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
