Which budget is best for managers to use to plan revenues and expenses at different sales volumes?

Question

Quizplus · Accepted Answer

A flexible budget is best for managers to use to plan revenues and expenses at different sales volumes because it adjusts for changes in activity levels, allowing managers to better understand the impact of these changes on their budgeted amounts. This helps in making informed decisions and adjusting plans accordingly. Capital budget, static budget, and master budget are all important budgeting tools, but they are not as suited for planning revenues and expenses at different sales volumes.

Which Budget Is Best for Managers to Use to Plan