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What is a flexible budget? a. All the other answers b. The budget most appropriate for use in evaluating performance of production supervisors. c. The

What is a flexible budget?

a.

All the other answers

b.

The budget most appropriate for use in evaluating performance of production supervisors.

c.

The budget used to calculate production variances (price and quantity variances.

d.

The master budget adjusted to the actual level of sales.

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