Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements is true about a

Which of the following statements is true about a flexible budget? a.A flexible budget does...

60.1K

Verified Solution

Question

Accounting

Which of the following statements is true about a flexible budget? a.A flexible budget does not adjust for changes in activity levels. b.A flexible budget is used by many service companies to reduce fixed overhead budget variance. c.A flexible budget helps in comparing actual costs to the budgeted costs of actual levels. d.A flexible budget shows the expected results of a responsibility center for only one activity level.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Identify which component of the equilibrium reaction was added↑ or removed↓ as a result of the applied...

Chemistry
Q

1. Define, describe, and explain the principles of critical thinking. 2. Describe a time when you used...

Psychology
Q

what do you consider to be the most important factor in determining the valuation of both...

General Management
Q

please show the steps and clear hand writing please show how to Derive the Newton-Raphson formula....

Advance Math
Q

A certain brand of automobile tire has a mean life span of 39,000 miles and...

Basic Math
Q

Construct a Binomial probability distrubtion table using n 5 and p 0 36 Next record...

Statistics
Q

triangle is placed in a semicircle with a radius of 3 cm as shown below...

Calculus
Q

Preparing Comparative Financial Statements is the most used technique for analyzing financial statements....

Accounting
Q

Based on your understanding of Retail food group limited (RFG) and its environment, list and...

Accounting
Q

Please answer all the questions. Thanks! ...

Accounting
Q

1) A company recieved cash proceeds of $ 206,948 on a bond issue with a...

Accounting
Q

Mr. Tariq wants to buy an immediate annuity that offers a fixed interest rate of...

Finance