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JulsSmile [24]
3 years ago
13

A flexible budget: a. is prepared when management cannot agree on objectives for the company. b. projects budget data for variou

s levels of activity. c. is only useful in controlling fixed costs. d. cannot be used for evaluation purposes because budgeted data are adjusted to reflect actual results.
Business
1 answer:
Whitepunk [10]3 years ago
6 0

Answer:

b. projects budget data for various levels of activity.

Explanation:

Flexible budget

It is the budget which flexes or adjust with the change in the activity or the volume .

It is the more sophisticated form of budget , and is a static budget .

i.e.

The budget does not change .

As the costs vary with the activity and volume .

<u>The flexible budget will have a variable rate pr unit activity .</u>

<u>the flexible budget is more useful during measuring the manager's efficiency .</u>

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Fees charge = 2%
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