True or false: A flexible budget reporting sales volumes at three different levels will have the same fixed costs.

Business

1 answer:

lapo4ka [179]3 years ago

5 0

Answer:

True

Explanation:

A flexible budget is a budget in which you modify the activity levels to reflect changes in sales to help the company adjusts to different circumstances that may occcur. Also, in this budget the fixed costs remain constant and the variable costs change with the activity levels. According to this, the answer is that the statement that says that a flexible budget reporting sales volumes at three different levels will have the same fixed costs is true.

You might be interested in

Promotion to consumers is called ?

Arte-miy333 [17]

Answer: Sales promotion

Explanation: Sales promotions targeted at retailers and wholesale are called trade sales promotions. i think its right

5 0

3 years ago

Unpaid work done for a person or an organization is a _____

weqwewe [10]

It could be slavery or a Volunteer, it depends if it is willingly. I am pretty sure it is volunteer.

6 0

3 years ago

Physical capital differs from raw materials in the sense that raw materials A. have a longer useful life in production B. are co

Komok [63]

Answer:

D. are used up in production

Explanation:

Raw materials can be seen as the "ingredients" required to produce a good and, thus, are consumable (used up in production). Physical capital refers to lasting goods that are assist the production process like buildings or machinery and are not consumable.

4 0

3 years ago

The market value of any real or financial asset, including stocks, bonds, or art work purchased in hope of selling it at a profi

HACTEHA [7]

Answer: False

Explanation:

These are financial assets that has existing market invariably there prices are determined by market forces.

Discounting flows refers to project that are to produce inflows into the future the discount helps to determine the present value of the future inflows.

6 0

3 years ago

Eagle Ridge, inc. issued 40 shares of $20 par value stock to its accountant in full payment for her $900 fee for assisting in se

Harlamova29_29 [7]

The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.

<h3>What is a journal entry?</h3>

The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about journal entry here:

brainly.com/question/20421012

#SPJ1

6 0

2 years ago