Which of the following statements about activity-based flexible budgeting are true?
A) It uses several cost drivers
B) Costs that may appear fixed with respect to a single volume-based cost driver may be variable with . respect to other appropriate cost drivers
C) It can also be used as the basis for a flexible budget for planning and cost management purposes
D) All of the above

Question

Quizplus · Accepted Answer

Activity-based flexible budgeting incorporates multiple cost drivers to more accurately allocate costs, recognizes that costs may vary with different drivers beyond just volume, and can be utilized for planning and managing costs effectively, making all the provided statements true.

Which of the Following Statements About Activity-Based Flexible Budgeting Are