Why is a flexible budget superior to a static budget? O The flexible budget gives...

50.1K

Verified Solution

Question

Accounting

image

Why is a flexible budget superior to a static budget? O The flexible budget gives managers the right to change their decisions on costs. O The static budget is for fixed costs and the flexible budget is for variable costs O The flexible budget adjusts the budgets based on the actual unit volumes O The static budget does not change and the flexible budget is adjusted every quarter

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