Ask Question
22 January, 23:39

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

+3
Answers (1)
  1. 23 January, 00:41
    0
    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.

    The flexible budget will have a variable rate pr unit activity.

    the flexible budget is more useful during measuring the manager's efficiency.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A flexible budget: a. is prepared when management cannot agree on objectives for the company. b. projects budget data for various levels of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers