management might not investigate every difference between budget and actual depending on the materiality threshold...

50.1K

Verified Solution

Question

Accounting

management might not investigate every difference between budget and actual depending on the materiality threshold image
Hitructure.com France In the first video, we discussed the differences between static and flexible budgets. Which of the statements below is correct? Static budgets are more effective because they show budgeted amounts at the original budgeted activity level. Static budgets are more effective because they show budgeted amounts at the actual activity level. Flexible budgets are more effective because they show the budgeted amounts at the actual activity level. Both static and flexible budgets are equally effective. It just depends on which one the accountant likes better. UN-ANSWERED QUESTION 19 SKIP FOR NOW

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students