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Which of the following is true regarding a flexible budget? a ) Flexible budget is another name for the static budget b ) A flexible
Which of the following is true regarding a flexible budget?
a Flexible budget is another name for the static budget
b A flexible budget can only be created at the start of the year
c A flexible budget can be created for multiple production levels
d A flexible budget is only used to compare actual results to budgeted outcomes.
e A flexible budget can only be created for one production level
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