Thinking summarizes the operating, financing and investing activities of an entity
Answer:
China has the bigger economy than Australia
Explanation:
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Answer: d. it is necessary to relate variable cost data to the activity index chosen
Explanation:
The activity index shows how various activities have an impact on the cost of production.
When developing a flexible budget within a relevant range of activity, ome must relate variable cost data to the activity index chosen to ensure that it is indeed variable.