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:
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Q51: Managements interest in variances is due to:
A)the
Q52: Bluebird Ltd has provided the estimates
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Q56: What is the calculation of closing inventory
Q58: The Gel Company, hair products wholesaler, budgeted
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