A _____ is one that is not based on a single assumed level of sales and enables managers to make meaningful comparisons between actual costs and budgeted costs.
A) static budget
B) flexible budget
C) rigid budget
D) fixed budget

Question

Quizplus · Accepted Answer

A flexible budget adjusts for different levels of sales or production, allowing for meaningful comparisons between actual and budgeted costs.

A _____ Is One That Is Not Based on a Single