The flexible budget contains ________.
A) budgeted amounts for actual output
B) static budget amounts for planned output
C) actual costs for actual output
D) actual costs for planned output

Question

Quizplus · Accepted Answer

The flexible budget contains budgeted amounts for actual output, taking into account varying levels of activity. This allows for a more accurate comparison of actual costs to planned costs based on the actual level of output achieved.

The Flexible Budget Contains ________