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A flexible budget: Multiple Choice is preferred over a static budget in the evaluation of performance. can be used to compare actual and budgeted costs
A flexible budget:
Multiple Choice
is preferred over a static budget in the evaluation of performance.
can be used to compare actual and budgeted costs at various levels of activity.
gives management flexibility in terms of meeting budget goals.
is both preferred over a static budget in the evaluation of performance and can be used to compare actual and budgeted costs at various levels of activity.
parallels a static budget with respect to format and advantages of use.
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