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  3. 3. the purpose of a flexible budget is: a. to cap

3. The purpose of a flexible budget is: a. to cap discretionary expenditure. b. to...

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Accounting

3. The purpose of a flexible budget is:

a. to cap discretionary expenditure.

b. to produce a revised forecast by changing the original budget when actual costs are known.

c. to control resource efficiency.

d. To communicate target activity levels within an organisation by setting budget in advance of the period to which it relates.

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