MANAGERIAL ACCOUNTING (ACCESS) >C<
MANAGERIAL ACCOUNTING (ACCESS) >C<
22nd Edition
ISBN: 9781307839319
Author: Garrison
Publisher: MCG/CREATE
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Chapter 9, Problem 9Q
To determine

Introduction:

Static planning budget forecasts the expected revenue and expenses before the start of the period. It is not adjusted even if the level of activity subsequently changes.

To explain: The things provided by a flexible budget that are not possible by a simple comparison of the planned budget to actual results.

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