What does flexing the budget mean?
A) revising the budget sales figure to match actual sales.
B) ignoring previously set targets.
C) revising the budget to reflect changes in management behaviour.
D) revising the original budget estimates to produce a budget based on the actual volume of activity.
Correct Answer:
Verified
Q43: The total direct materials variance is best
Q44: Leonard Company is preparing its second quarter
Q45: Which of the following could be the
Q46: Use the information below to answer
Q47: Use the information below to answer
Q49: If actual income is $48,500 and budgeted
Q50: The adverse (unfavourable)variance is:
A)Budgeted payment for rent
Q51: Managements interest in variances is due to:
A)the
Q52: Use the information below to answer
Q53: An adverse variance is best described as
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents