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A flexible budget: A: classifies budget requests by activity and estimates the benefits arising from each activity. B:presents a statement of expectations for a period
A flexible budget:
A: classifies budget requests by activity and estimates the benefits arising from each activity.
B:presents a statement of expectations for a period of time but does not present a firm commitment.
C: presents the plan for only one level of activity and does not adjust to changes in the level of activity.
D:presents the plan for a range of activity so that the plan can be adjusted for changes in activity levels.
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