Flexible budgets reﬂect a company's anticipated costs based on variations in:
A)activity levels.
B)inﬂation rates.
C)managers.
D)anticipated capital acquisitions.
E)standards.

Question

Quizplus · Accepted Answer

Flexible budgets are designed to adjust to changes in activity levels, allowing for more accurate cost projections and better decision-making. Inflation rates, managers, anticipated capital acquisitions, and standards may also affect costs, but they are not the primary factor in creating a flexible budget.

Flexible Budgets Reﬂect a Company's Anticipated Costs Based on Variations