Answered: Answer: Flexible budgets have the…

Answer: Flexible budgets have the characteristic of a) Being prepared only annually b) Never being changed c) Adjusting for volume changes d) Ignoring fixed costs

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 5Q: Explain zero-based budgeting and how it differs from the traditional approach to preparing next...

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Which answer is correct

Answer:
Flexible budgets have the characteristic of
a) Being prepared only annually
b) Never being changed
c) Adjusting for volume changes
d) Ignoring fixed costs

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