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please help answer all A flexible budget is a revised master budget based on the actual activity level. O True O False There is no

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A flexible budget is a revised master budget based on the actual activity level. O True O False There is no efficiency variance for fixed manufacturing overhead since, by definition, fixed costs do not change with changes in the activity base. True O False Companies generally obtain sales forecasts from many different sources. O True False Service companies tend to have more budget schedules than manufacturing companies. True False

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