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What are some factors that can cause favorable or unfavorable variances in a flexible budget?...

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Accounting

  1. What are some factors that can cause favorable or unfavorable variances in a flexible budget?
  2. How can you use flexible budget variance analysis to identify problem areas and improve performance?
  3. What are some limitations or challenges of using flexible budget variance analysis
  • Do you agree or disagree with this explanation? Why or why not?

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