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A flexible budget takes into account which of the following? A. Fixed costs. B. Variable costs. C. Mixed costs. D. All of the above. E.

A flexible budget takes into account which of the following?

A. Fixed costs. B. Variable costs.

C. Mixed costs. D. All of the above.

E. None of the above.

Fixed costs that can be eliminated if a segment or a product line is discontinued are known as:

A. Common fixed costs B. Variable costs

C. Attributable fixed costs D. Continuous fixed costs

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