A flexible budget adjusts the static budget to reflect the actual activity level achieved during the period.

Name: A flexible budget adjusts the static budget to reflect the actual activity level achieved during the period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A flexible budget is designed to adjust the static budget based on the actual activity level achieved during the period. This allows for a more accurate analysis of performance and helps to control costs more effectively.

A Flexible Budget Adjusts the Static Budget to Reflect the Actual