Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period. To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

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Answer 1

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Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

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Answer 2

Question

Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

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Answer 3

Question

Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

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Answer 4

Question

Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

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Answer 5

Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

Answer 6

Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

Answer 7

Chapter 9, Problem 9.9Q

To determine

Introduction: Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity. In simple words, this report compares the actual output or results with the budgeted (forecasted budget) results for a specific time period.

To explain: The performance of flexible budget performance report which is not possible for a simple comparison of budget to actual results to do.

Answer 8

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Answer 9

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Answer 11

Ch. 9 - Prob. 9.1Q Ch. 9 - Prob. 9.2Q Ch. 9 - Prob. 9.3Q Ch. 9 - Prob. 9.4Q Ch. 9 - Prob. 9.5Q Ch. 9 - Prob. 9.6Q Ch. 9 - Prob. 9.7Q Ch. 9 - Prob. 9.8Q Ch. 9 - Prob. 9.9Q Ch. 9 - Prob. 9.10Q

Solution Summary: The author explains that a flexible budget performance report is used to compare the actual output or results with the budgeted (forecasted budget) results.

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