A before-the-fact flexible budget:

Question

Quizplus · Accepted Answer

A before-the-fact flexible budget provides managers with expected costs for multiple activity levels, allowing them to plan and make decisions based on different scenarios. This allows for more accurate forecasting and flexible decision-making. Therefore, the correct answer is C, as it states that a before-the-fact flexible budget provides useful information for planning and decision making. The other options are incorrect, as they do not accurately describe the purpose or benefits of a flexible budget.

A Before-The-Fact Flexible Budget