The primary difference between a fixed budget and a flexible budget is that a fixed budget<\/p>
a.cannot be changed after the period begins, whereas flexible budget can be changed after the period begins.<\/p>
b.is concerned only with future acquisitions of fixed assets, whereas a flexible budget is concerned with expenses that vary with sales.<\/p>
c.includes only fixed costs, whereas a flexible budget includes only variable costs.<\/p>
d.is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.<\/p>", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "B08F6DJ7H1", "uri": "\/textbooks\/whole-truth-or-half-truth-is-there-a-right-answer-1st-edition-979-8652361143-265331", "name": "Whole Truth Or Half Truth Is There A Right Answer", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:43:59", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/versa-corporation-has-a-division-in-the-united-states-and", "description": "Versa Corporation has a division in the United States and another in France. The investment in the French assets was made when the exchange rate was $ 1.30 per euro. 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