Flexible budgets can be used by service organisations to
A) plan overhead costs.
B) control overhead costs.
C) determine product costing.
D) plan and control overhead costs.

Question

Quizplus · Accepted Answer

Flexible budgets can help service organizations plan and control overhead costs by allowing for adjustments based on changes in activity levels. This helps to ensure that the organization is allocating resources effectively and efficiently. Flexible budgets do not determine product costing, as service organizations do not typically have products in the traditional sense.

Flexible Budgets Can Be Used by Service Organisations to