A flexible budget ________.
A) is another name for management by exception
B) is developed at the end of the period
C) is based on the budgeted level of output
D) provides favorable operating results

Question

Quizplus · Accepted Answer

A flexible budget is developed at the end of the period to compare actual results with what the budget would have been if the actual level of output had been known in advance.

A Flexible Budget ________