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A flexible budget is used to evaluate: a Costs that should have been incurred for a level of output achieved. b Costs that should have

A flexible budget is used to evaluate:

a Costs that should have been incurred for a level of output achieved.

b Costs that should have been incurred for a level of output considered to be normal.

c How variable unit costs change as output changes.

d How flexible management was at adapting to changes in business conditions.

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