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A flexible budget A.is prepared when management cannot agree on objectives for the company. B.is only useful in controlling fixed costs. C.projects budget data for
A flexible budget
A.is prepared when management cannot agree on objectives for the company. |
B.is only useful in controlling fixed costs. |
C.projects budget data for various levels of activity. |
D.cannot be used for evaluation purposes because budgeted data are adjusted to reflect actual results. |
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