Which of the following budgets provides budgeted costs for actual level of activity?
A)A cash budget
B)A flexible budget
C)An efficiency budget
D)An incremental budget

Question

Quizplus · Accepted Answer

A flexible budget provides budgeted costs for the actual level of activity. It adjusts to changes in the level of activity, allowing for more accurate budgeting and cost control. A cash budget focuses on cash flows and projected cash inflows and outflows, while an efficiency budget sets targets for specific efficiency measures. An incremental budget assumes that past budgets will be continued with minor adjustments, regardless of changes in the level of activity.

Which of the Following Budgets Provides Budgeted Costs for Actual