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Kyoto Company prepares budgets on the basis of 4 8 , 0 0 0 and 5 2 , 0 0 0 hours of direct labor
Kyoto Company prepares budgets on the basis of and hours of direct labor worked. Which of the following best describes the companys budgeting process?
Management uses a mixture of static and flexible budgeting.
Management uses a static budgeting process.
Management uses neither static nor flexible budgeting.
Management uses a flexible budgeting process.
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