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255 Which of the following statements about flexible budgets is FALSE? Select one: a. They...

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Question

Accounting

255

Which of the following statements about flexible budgets is FALSE?

Select one:

a. They are prepared for a range of activity.

b. They help provide a basis for management by exception.

c. They are automatically matched to changes in activity levels.

d. They are based on the different revenue and cost behavior assumptions as the static budget.

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