Which of the following statements about flexible budgets is NOT true?

	A.	Companies can use flexible budgets at the end of the accounting period to evaluate financial performance.
	B.	The flexible budget variance is the difference between the flexible budget amount and the actual amount.
	C.	Sometimes its valuable for managers to see a graph of the flexible budget costs.
	D.	Managers use flexible budgets for planning revenues and expenses at difference sales volumes.
	E.	Flexible budgets are mainly used for variance evaluation, while static budgets are more widely used for planning.